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Fairfield sits in Solano County — one of the Bay Area's most affordable entry points. Conforming loans work well here because most homes price within the county loan limits.
HousingWire flagged that the 30-year fixed hit 6.57% recently, with applications dropping sharply. That rate environment makes lender shopping critical right now. Rates vary by borrower profile and market conditions.
6.57% (as of Apr 2026)
30-Year Fixed Rate
620
Min Credit Score
3%
Min Down Payment
45%
Max DTI
21–30 days
Typical Close Time
Conforming Loans in Fairfield
Conforming loans follow Fannie Mae and Freddie Mac rules. Most lenders want a 620 credit score minimum, but 740+ gets you the best pricing.
You'll need to document income the standard way — W-2s, tax returns, pay stubs. Debt-to-income ratio should stay under 45%. Down payment starts at 3% for some programs.
Local decision guide
Use this guide to connect conforming loans eligibility, lender expectations, and local market factors before comparing payment options in Fairfield.
Fairfield sits in Solano County — one of the Bay Area's most affordable entry points. Conforming loans work well here because most homes price within the county loan limits.
HousingWire flagged that the 30-year fixed hit 6.57% recently, with applications dropping sharply. That rate environment makes lender shopping critical right now. Rates vary by borrower profile and market conditions.
Conforming loans follow Fannie Mae and Freddie Mac rules. Most lenders want a 620 credit score minimum, but 740+ gets you the best pricing.
We work with 200+ wholesale lenders. Retail banks quote one rate. We quote dozens at once and pick the sharpest one for your file.
Conforming loans are the most competitive product in the market. That means pricing differences between lenders are real and worth chasing.
Most Fairfield buyers don't need a jumbo loan. That's good — conforming guidelines are easier to meet and rates are lower.
One thing I see often: buyers with strong credit skipping the rate buydown conversation. On a conforming loan, paying points to lower your rate can pencil out fast if you plan to stay 5+ years.
FHA loans allow lower credit scores but add mortgage insurance that doesn't go away easily. Conforming loans drop PMI once you hit 20% equity.
ARMs are getting more attention as fixed rates climb. But conforming fixed loans still offer predictability that most Fairfield buyers prefer.
Fairfield's proximity to Travis Air Force Base means VA loans are common here. But conforming is still the go-to for civilian buyers without VA eligibility.
Solano County's loan limits make conforming financing accessible for most Fairfield purchases. Buyers stepping up from starter homes rarely blow past the limit.
Solano County follows the standard conforming limit set by Fannie Mae and Freddie Mac. Loans above that threshold require jumbo financing with stricter guidelines.
Yes. Some conforming programs allow as little as 3% down. You'll pay PMI until you reach 20% equity, then you can cancel it.
Fannie Mae and Freddie Mac use risk-based pricing. A 740+ score gets the best rates. Below 680, you'll pay noticeably more. Rates vary by borrower profile.
At 680+ credit, conforming usually wins on total cost. FHA mortgage insurance is harder to remove, making conforming cheaper long-term.
Most conforming loans close in 21–30 days with complete documentation. Missing paperwork is the top reason closings slow down.
Yes, but lenders require 2 years of tax returns and use your net income — not gross revenue. This trips up a lot of self-employed buyers.