Question 1

What is the 2026 conforming loan limit for Siskiyou County?

Accepted Answer

Siskiyou County uses the standard conforming limit set by Fannie Mae and Freddie Mac. Most Tulelake homes price well below that ceiling.

Question 2

Can I use a conforming loan on a property with farmland?

Accepted Answer

It depends on how the land is zoned and used. Income-producing ag land often disqualifies a property from conforming guidelines.

Question 3

How much do I need to put down in Tulelake?

Accepted Answer

Some conforming programs allow 3% down. But rural properties sometimes require 5-10% depending on the lender and property type.

Question 4

Do I need PMI on a conforming loan?

Accepted Answer

Yes, if you put down less than 20%. PMI drops off once you reach 20% equity, unlike FHA mortgage insurance.

Question 5

Why are appraisals a problem in Tulelake?

Accepted Answer

Fewer sales mean fewer comps. Appraisers have less data to work with, which raises the risk of a low appraisal on your purchase.

Question 6

Is a conforming loan better than FHA for Tulelake buyers?

Accepted Answer

Often yes, if your credit is above 680 and you can hit 5% down. You avoid lifetime mortgage insurance and get cleaner terms.

Conforming Loans in Tulelake, CA