Question 1

What is the conforming loan limit for Yuba County?

Accepted Answer

Yuba County uses the standard conforming limit set by FHFA each year. Most Marysville purchases fall comfortably within that limit.

Question 2

Can I use a conforming loan to buy a multi-unit property?

Accepted Answer

Yes. Conforming loans cover 2-4 unit properties. Down payment and reserve requirements are higher than for a single-family home.

Question 3

How is PMI calculated on a conforming loan?

Accepted Answer

PMI — private mortgage insurance — is based on your credit score and loan-to-value ratio. It cancels automatically when you reach 20% equity.

Question 4

Do conforming loans work for self-employed borrowers in Marysville?

Accepted Answer

Yes, but lenders need two years of tax returns and the income averaging can be strict. Your net income after write-offs is what counts.

Question 5

How long does a conforming loan take to close in Yuba County?

Accepted Answer

Typically 21–30 days for a purchase. Appraisal turnaround in Yuba County can vary, so don't cut your rate lock timeline too short.

Conforming Loans in Marysville, CA