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Yuba City sits in Sutter County where the median household income of $75,450 stretches to cover homes in the $750K range. At 5.875%, a $750,000 conventional loan runs $4,437 monthly for principal and interest alone.
The conforming limit here is $832,750, so conventional financing works for most Yuba City purchases. Twenty percent down eliminates PMI entirely — no insurance premium, no rate penalty, just a clean 80% LTV loan.
5.875%
Interest Rate
$4,437
Monthly P&I
620
FICO Minimum
$750,000
Loan Amount
20% ($187,500)
Down Payment
$832,750
Conforming Limit
Conventional Loans in Yuba City
Conventional loans in Yuba City require a 620 FICO minimum, but 740+ gets the best rates. Down payment ranges from 3% to 20%; anything under 20% triggers PMI that cancels at 78% LTV automatically.
Sutter County's median household income of $75,450 supports a $750,000 purchase comfortably. Lenders typically want your housing payment under 28% of gross income and total debt under 36%.
Local decision guide
Use this guide to connect conventional loans eligibility, lender expectations, and local market factors before comparing payment options in Yuba City.
Yuba City sits in Sutter County where the median household income of $75,450 stretches to cover homes in the $750K range. At 5.875%, a $750,000 conventional loan runs $4,437 monthly for principal and interest alone.
The conforming limit here is $832,750, so conventional financing works for most Yuba City purchases. Twenty percent down eliminates PMI entirely — no insurance premium, no rate penalty, just a clean 80% LTV loan.
Conventional loans in Yuba City require a 620 FICO minimum, but 740+ gets the best rates. Down payment ranges from 3% to 20%; anything under 20% triggers PMI that cancels at 78% LTV automatically.
California conventional lending splits between retail banks and mortgage brokers. Retail lenders (Chase, Wells Fargo, Bank of America) offer convenience but often charge higher rates. Brokers access multiple lenders and typically beat retail on price.
Conventional loans close in 30–45 days. Underwriting is stricter than FHA but faster than jumbo. Most lenders require 740+ FICO for the best terms, though 620 is the floor.
Conventional makes sense in Yuba City when you have 20% down and a 740+ FICO. At that profile, you skip PMI entirely and lock a rate below what FHA or VA borrowers pay.
Below 20% down, conventional still works but PMI adds $100–150 monthly. If you're under 740 FICO, FHA's lower rates may offset its lifetime insurance cost — run both scenarios.
FHA loans run lower rates but carry mortgage insurance for the life of the loan if you put down less than 10%. At 20% down conventional, you pay no insurance at all — that's the tradeoff.
VA loans offer zero down and no PMI, but only eligible veterans qualify. Conventional's 20% down requirement costs more upfront but works for any buyer with the cash.
Yuba City's location on Highway 99 makes commuting to Sacramento and the Bay Area feasible for buyers who work outside the county. That flexibility supports home values and makes conventional financing a solid long-term bet.
Agricultural heritage and affordable pricing relative to coastal California attract families building equity. Conventional loans with 20% down lock in that stability without PMI dragging on monthly cash flow.
At 5.875% on a $750,000 loan, principal and interest run $4,437 monthly. That's before taxes, insurance, and HOA. The full scenario: 740 FICO, 20% down, 30-year fixed, primary residence, single family, 30-day lock as of April 8, 2026.
Yes — 20% down (80% LTV) is the only way to skip PMI on a conventional loan. Below 20%, PMI is required and cancels automatically at 78% LTV. With 3% down, you'd carry insurance for years.
The minimum is 620 FICO, but 740+ gets the best rates. Below 740, lenders charge more and may require larger down payments. Most Yuba City buyers with 740+ FICO and 20% down close in 30–45 days.
FHA rates run lower but carry lifetime mortgage insurance if you put down under 10%. Conventional at 20% down has no insurance. Above $750K, conventional is often cheaper because FHA's limit is $541,287.
Yes, but PMI adds $100–150 monthly on a $750K loan. Your rate stays competitive, but the insurance cost matters over time. At 10% down, PMI cancels after 11 years; below 10%, it stays until 78% LTV.