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Suisun City sits in Solano County — one of the Bay Area's more affordable entry points. Conventional loans are the go-to here for buyers with solid credit and steady income.
HousingWire flagged the 30-year fixed hitting 6.57% with applications dropping sharply. For conventional borrowers in Suisun City, rate sensitivity matters more than ever right now.
620
Min Credit Score
3%
Min Down Payment
80% LTV
PMI Cancels At
200+
Wholesale Lenders
Rates vary
30-Year Fixed
Conventional Loans in Suisun City
Most conventional loans require a 620 minimum credit score. The better your score above 740, the better your rate. Rates vary by borrower profile and market conditions.
Down payment starts at 3% for first-time buyers on select programs. Put down 20% and you skip private mortgage insurance — PMI adds to your monthly cost if you don't.
Local decision guide
Use this guide to connect conventional loans eligibility, lender expectations, and local market factors before comparing payment options in Suisun City.
Suisun City sits in Solano County — one of the Bay Area's more affordable entry points. Conventional loans are the go-to here for buyers with solid credit and steady income.
HousingWire flagged the 30-year fixed hitting 6.57% with applications dropping sharply. For conventional borrowers in Suisun City, rate sensitivity matters more than ever right now.
Most conventional loans require a 620 minimum credit score. The better your score above 740, the better your rate. Rates vary by borrower profile and market conditions.
SRK CAPITAL shops conventional loan pricing across 200+ wholesale lenders. Retail banks quote one rate. We find what actually fits your file.
Conventional conforming loans in Solano County follow FHFA loan limits. Borrow above those limits and you're into jumbo territory with stricter requirements.
Suisun City buyers often overlook conventional loans and default to FHA. That's a mistake if your credit is above 680 — conventional PMI drops off, FHA MIP doesn't.
We see a lot of files where buyers think they need FHA. Pull the numbers side by side first. Conventional wins on total cost more often than people expect.
FHA loans allow lower credit scores and higher debt ratios. But they come with upfront and lifetime mortgage insurance that adds real cost over time.
ARMs can offer a lower starting rate than fixed conventional loans. With rates at current levels, some Suisun City buyers are looking at 5/1 or 7/1 ARMs to manage payment size.
Solano County has historically attracted buyers priced out of Alameda and Contra Costa. Suisun City draws commuters who need reliable financing that closes on time.
Conventional loans close faster than FHA in most cases. In a competitive offer situation, that speed matters — sellers notice the difference.
Most lenders require at least 620. Scores above 740 get the best rates. Rates vary by borrower profile and market conditions.
Yes. Some programs allow 3% down. You'll pay PMI until you reach 20% equity, then it cancels.
Conventional costs less long-term if your credit is strong. FHA MIP stays for the loan's life — conventional PMI drops off.
FHFA sets conforming limits annually. Loans above that limit in Solano County move into jumbo territory with stricter requirements.
That depends on how long you plan to stay. ARMs start lower but adjust. Fixed locks in your rate for the full term. Rates vary by borrower profile and market conditions.
Banks offer one set of rates. A broker like SRK CAPITAL shops across 200+ wholesale lenders to find better pricing for your file.