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Vallejo sits in Solano County, one of the Bay Area's more affordable pockets. Conforming loan limits here let many buyers finance with standard Fannie/Freddie guidelines.
HousingWire flagged the 30-year fixed hitting 6.57% with applications dropping hard. For Vallejo buyers, rate sensitivity matters — every eighth of a point affects your monthly payment. Rates vary by borrower profile and market conditions.
6.57% (Apr 2026)
30-Year Fixed Rate
620
Min Credit Score
3% first-time buyers
Min Down Payment
~45%
Max DTI
21–30 days
Typical Close Time
Conforming Loans in Vallejo
Conforming loans require a minimum 620 credit score. Most lenders want to see 3% down for first-time buyers and 5% for repeat buyers.
Your debt-to-income ratio — total monthly debts divided by gross income — needs to stay under 45%. Strong credit scores can push that limit slightly higher.
Local decision guide
Use this guide to connect conforming loans eligibility, lender expectations, and local market factors before comparing payment options in Vallejo.
Vallejo sits in Solano County, one of the Bay Area's more affordable pockets. Conforming loan limits here let many buyers finance with standard Fannie/Freddie guidelines.
HousingWire flagged the 30-year fixed hitting 6.57% with applications dropping hard. For Vallejo buyers, rate sensitivity matters — every eighth of a point affects your monthly payment. Rates vary by borrower profile and market conditions.
Conforming loans require a minimum 620 credit score. Most lenders want to see 3% down for first-time buyers and 5% for repeat buyers.
SRK CAPITAL shops conforming loans across 200+ wholesale lenders. That breadth matters — pricing on a 680 score looks very different across lenders.
Retail banks quote one rate. We see dozens of competing bids for your file. Vallejo borrowers leave money on the table by going direct to a single bank.
Conforming is the workhorse loan. It closes fast, prices well, and fits most salaried borrowers in Vallejo without drama.
Where I see deals stall: borrowers with side income they can't document cleanly. If your 1099s complicate your tax returns, qualifying on conforming guidelines gets harder. Know that going in.
FHA loans accept scores down to 580 but add mortgage insurance that's hard to remove. Conforming PMI drops off at 20% equity — that's a real cost difference over time.
Jumbo loans kick in above the conforming limit. If your purchase stays within conforming limits in Solano County, there's no reason to take on jumbo pricing or stricter reserve requirements.
Vallejo's price range keeps most buyers well within conforming loan limits. That's an advantage over San Francisco buyers who routinely need jumbo financing.
Solano County's relative affordability means conforming loans cover a wide share of purchases here. First-time buyers especially benefit from the lower down payment options conforming guidelines allow.
Solano County uses the standard FHFA conforming limit. Check current limits before you shop — they adjust annually.
Yes, 620 is the floor. But pricing improves significantly at 680 and again at 740 — a few points can save you real money.
First-time buyers can put down 3%. Repeat buyers typically need 5%. Less than 20% means you'll pay PMI until equity builds.
If your credit clears 680+, conforming usually wins on total cost. FHA makes more sense when your score is below that threshold.
Clean W-2 files close in 21–30 days. Complicated income or title issues can push that out — don't assume fast without a clean file.
It's one of the top reasons conforming files get denied. Keep monthly debts under 45% of gross income before you apply.