Conventional loans in Roseville — the right fit when credit is strong.
Conventional financing isn't just for buyers with 20% down. With strong credit, you can put as little as 3% down in Roseville and skip FHA's lifelong mortgage insurance. I'll show you when conventional actually beats FHA.
Why Roseville buyers choose Conventional.
Is Conventional right for you?
- Roseville buyers with 720+ FICO and 5%+ down.
- Dual-income households planning to stay 5+ years.
- Buyers who want PMI that eventually goes away on its own.
- West Roseville and Fiddyment Farm buyers up to the Placer conforming limit.
The Conventional loan process, step by step.
- 01Pre-ApprovalCredit, income, assets verified. Real letter, usually same day. Roseville listing agents trust clean conventional pre-approvals.
- 02Find Your HomeOffers go in clean. I'm reachable when your agent needs verification — evenings and weekends included.
- 03Appraisal & UnderwritingConventional appraisals are less restrictive than FHA. I manage lender conditions so the file moves.
- 04Clear to CloseFinal numbers locked. Typical Roseville conventional close: 21–28 days.
Conventional loans in Roseville — FAQs.
What's the conventional loan limit in Roseville?+
Placer County's conforming limit is $806,500 in 2025 for a single-family home. Above that, you're in jumbo territory — common in West Roseville new construction.
Conventional vs FHA in Roseville — which is cheaper?+
Above 720 FICO, conventional almost always wins on total monthly cost. Below 680, FHA usually wins. Between 680–720 it depends on down payment. I'll run both side by side.
Do I really need 20% down for conventional?+
No. 3% down is available for first-time buyers (HomeReady/Home Possible). 5% is standard. 20% just removes PMI from day one — useful but not required.
When does PMI drop off a conventional loan?+
Automatically at 78% loan-to-value based on original amortization. You can also request removal at 80% LTV based on a new appraisal — useful in appreciating Roseville neighborhoods.
Is jumbo different from conventional?+
Yes — anything above $806,500 in Placer County is jumbo. Different guidelines, often tighter (700+ FICO, 10–20% down, full doc). Common for higher-end Roseville and West Roseville new construction.