Question 1

What is the conforming loan limit in Solano County?

Accepted Answer

Conforming limits are set annually by the FHFA for each county. Check current Solano County limits before locking your loan amount.

Question 2

Can I get a conforming loan with 3% down in Dixon?

Accepted Answer

Yes. Fannie Mae and Freddie Mac both offer 3% down programs for qualified borrowers. PMI applies until you reach 20% equity.

Question 3

How does my credit score affect my conforming rate?

Accepted Answer

Scores below 740 typically trigger pricing adjustments called LLPAs. Higher scores get better rates. Rates vary by borrower profile and market conditions.

Question 4

Is a conforming loan better than FHA for Dixon buyers?

Accepted Answer

For buyers with 620+ credit and 5% or more down, conforming usually wins on total cost. FHA makes more sense for lower credit scores.

Question 5

How long does a conforming loan take to close?

Accepted Answer

Most conforming loans close in 21 to 30 days. Strong documentation and a clean credit file keep things on schedule.

Question 6

Do conforming loans work for investment properties in Dixon?

Accepted Answer

Yes, up to 4 units. Rates and down payment requirements are higher for investment properties than for primary residences.

Conforming Loans in Dixon, CA — Rates That Actually Work