Loading
Loading
Oakdale sits in Stanislaus County, where home prices stay well below coastal California. That makes conforming loans a natural fit for most buyers here.
HousingWire flagged the 30-year fixed hitting 6.57% with applications dropping 10.4% week-over-week. For Oakdale buyers, locking a conforming rate now still beats waiting in a tighter market.
~6.57%
30-Year Fixed (as of Apr 2026)
620
Min Credit Score
3%
Min Down Payment
45%
Max DTI (most lenders)
20% equity
PMI Removed At
Conforming Loans in Oakdale
Most conforming loans require a 620 minimum credit score. Score above 740 and you get the best pricing — that gap in rate matters over 30 years.
Standard down payment is 3% for first-time buyers, 5% otherwise. Debt-to-income ratio — your monthly debts vs. gross income — must stay under 45% for most approvals.
Local decision guide
Use this guide to connect conforming loans eligibility, lender expectations, and local market factors before comparing payment options in Oakdale.
Oakdale sits in Stanislaus County, where home prices stay well below coastal California. That makes conforming loans a natural fit for most buyers here.
HousingWire flagged the 30-year fixed hitting 6.57% with applications dropping 10.4% week-over-week. For Oakdale buyers, locking a conforming rate now still beats waiting in a tighter market.
Most conforming loans require a 620 minimum credit score. Score above 740 and you get the best pricing — that gap in rate matters over 30 years.
Conforming loans are the most competitive product in the market. Every bank, credit union, and broker competes for this business — which means rates vary more than borrowers expect.
At SRK CAPITAL, we shop conforming pricing across 200+ wholesale lenders. Retail banks quote one rate. We quote the best one we can find for your profile.
Oakdale buyers often qualify for conforming loans when they assume they need FHA. Better credit? Conforming beats FHA on cost — no lifetime mortgage insurance.
One overlooked move: buying down your rate with points. On a 30-year conforming loan in this price range, one point can save real money if you plan to stay 5+ years.
FHA loans allow lower scores but carry mortgage insurance for the loan's life. Conforming drops PMI once you hit 20% equity — that saves hundreds monthly.
Jumbo loans kick in above conforming limits. In Stanislaus County, most Oakdale purchases stay under those limits — so jumbo isn't necessary for the typical buyer here.
Oakdale is a Central Valley market with agricultural roots and a stable workforce. Lenders view this area favorably — appraisals tend to come in clean without coastal volatility.
Stanislaus County conforming limits apply here. Most single-family purchases in Oakdale fall comfortably within those limits, keeping borrowers in the most favorable loan tier.
Stanislaus County follows the standard conforming limit set by Fannie Mae and Freddie Mac. Most Oakdale home purchases fall within that limit.
No. First-time buyers can put as little as 3% down. You'll pay PMI until you reach 20% equity, then it drops off.
Every tier above 620 improves your pricing. Scores above 740 get the best rates — the difference can add up to tens of thousands over 30 years.
Often yes, if your score is 680 or higher. Conforming has no lifetime mortgage insurance, which makes it cheaper long-term.
Yes, but lenders require two years of tax returns and will use your net income. Lower reported income is the most common approval hurdle.
We shop your file across 200+ wholesale lenders. That means you get competitive pricing, not just whatever one bank is offering that week.