California Conventional Loans - Traditional Excellence
Aditya Choksi offers competitive conventional loans in California with flexible terms, higher loan limits, and fast processing. Perfect for borrowers who want traditional financing with competitive rates and fewer restrictions.
Conventional Loan Calculator
2025 California Loan Limits
Why Choose Conventional Loans?
Conventional loans offer flexibility, competitive rates, and higher loan limits that make them ideal for California's diverse housing market.
Competitive Rates
Access to the best conventional loan rates from multiple lenders, ensuring you get competitive pricing.
Flexible Down Payments
Down payments as low as 3% for qualified borrowers. Higher down payments eliminate PMI requirements.
Higher Loan Limits
California conforming loan limits up to $1,209,750 for 2025, perfect for our high-cost housing market.
Property Flexibility
Primary residences, second homes, and investment properties all eligible with appropriate pricing.
Stable Terms
Fixed-rate options from 15 to 30 years provide payment stability and predictable monthly costs.
Quick Processing
Streamlined underwriting and faster closing times compared to government loan programs.
2025 California Conventional Loan Limits
Higher loan limits for California's high-cost housing markets ensure you can finance the home you want with conventional loan benefits.
| County | 1 Unit | 2 Units | 3 Units | 4 Units |
|---|---|---|---|---|
| Los Angeles County | $1,209,750 | $1,548,600 | $1,871,800 | $2,325,950 |
| Orange County | $1,209,750 | $1,548,600 | $1,871,800 | $2,325,950 |
| Riverside County | $970,800 | $1,243,050 | $1,502,250 | $1,867,275 |
| San Bernardino County | $970,800 | $1,243,050 | $1,502,250 | $1,867,275 |
Above Conforming Loan Limits?
Need to borrow more than the conforming loan limits? We also offer jumbo loans with competitive rates and flexible terms.
Flexible Down Payment Options
Choose the down payment option that fits your financial situation and homeownership goals.
Conventional 97
First-time buyers and qualified borrowers
Standard Conventional
Most borrowers qualify for this option
Low PMI Option
Reduced mortgage insurance costs
No PMI
Avoid mortgage insurance entirely
Private Mortgage Insurance (PMI) Explained
When PMI is Required
- • Down payment less than 20%
- • Protects lender against default risk
- • Typically 0.3% - 1.5% of loan amount annually
- • Added to monthly mortgage payment
How to Remove PMI
- • Automatically cancelled at 22% equity
- • Request removal at 20% equity
- • New appraisal may be required
- • Refinancing can eliminate PMI
Conventional Loan Requirements
Conventional loans offer more flexibility than government programs, with competitive requirements for qualified borrowers.
Credit Score Impact on Rates
Higher credit scores typically qualify for better interest rates. Even if your score is below 740, you may still qualify with competitive pricing.
Get Pre-Approved Today
No obligation • Quick approval • Competitive rates
Conventional vs Other Loan Types
Understanding how conventional loans compare to other financing options helps you make the best choice for your situation.
| Feature | Conventional | FHA | VA |
|---|---|---|---|
| Min Credit Score | 620+ | 580+ | No minimum |
| Min Down Payment | 3% | 3.5% | 0% |
| Loan Limits (CA) | Up to $1.2M | $523K-$970K | No limit |
| Mortgage Insurance | PMI (removable) | MIP (lifetime) | None |
| Property Types | Very flexible | Primary only | Primary only |
Streamlined Conventional Loan Process
Our efficient process typically closes conventional loans in 21-30 days with experienced California underwriting.
Application & Pre-Approval
Complete application and get pre-approved within 24-48 hours.
Documentation & Processing
Submit required documents and begin loan processing and underwriting.
Appraisal & Underwriting
Property appraisal ordered and loan reviewed by underwriter.
Final Approval & Closing
Clear to close issued and closing scheduled with title company.
Conventional Loan FAQ
What credit score do I need for a conventional loan?
Most lenders require a minimum credit score of 620 for conventional loans. However, higher scores (740+) typically qualify for the best interest rates and terms.
Can I use a conventional loan for an investment property?
Yes! Conventional loans can be used for primary residences, second homes, and investment properties. Investment properties typically require 20-25% down payment and have slightly higher rates.
How much can I borrow with a conventional loan in California?
For 2025, you can borrow up to $1,209,750 in high-cost areas like LA and Orange County, and up to $970,800 in standard-cost areas like Riverside and San Bernardino County.
When can I remove PMI from my conventional loan?
PMI is automatically cancelled when you reach 22% equity. You can request removal at 20% equity, and lenders must remove it by law. This is a major advantage over FHA loans with lifetime MIP.
Ready for Your Conventional Loan?
Get competitive rates, flexible terms, and fast processing with Aditya Choksi's conventional loan expertise in California.
Related Content
Understanding Conforming Loan Limits
Know the limits and how they affect your mortgage options.
First-Time Homebuyer Programs in California
Down payment assistance and buyer programs for new homeowners.
Jumbo Loans
Financing for high-value properties exceeding conforming limits.