Conventional Loans in Los Angeles, CA
LA's high conforming limit of $1,249,125 means conventional loans work in most neighborhoods. With 240+ wholesale lenders competing, we find rates retail banks can't match.
LA's diverse neighborhoods offer something for every conventional loan buyer
Why Conventional Loans Win in LA
High Conforming Limit
At $1,249,125, conventional loans cover most LA homes without jumping to jumbo. Better rates, easier qualifying.
PMI Drops Off
Unlike FHA's lifetime mortgage insurance, conventional PMI disappears at 20% equity. Refinance or automatic removal.
240+ Lender Competition
We pit wholesale lenders against each other for your business. Same loan, better rate than your bank.
Investment Properties
Conventional loans work for LA investment properties. 15-25% down for rental income in appreciating markets.
Self-Employed Friendly
Bank statement loans, asset depletion, 1099 programs—we have conventional options for LA's creative and gig economy.
Condo Flexibility
More condos qualify for conventional vs FHA. Warrantable and non-warrantable options for LA high-rises.
LA Neighborhoods Within Conforming Limits
These LA areas have homes under the $1,249,125 conforming limit:
Pasadena
Price Range: $900K-$1.4M
Character: Historic, Rose Bowl, Caltech
Silver Lake
Price Range: $1M-$1.5M
Character: Hip, creative, reservoir views
Sherman Oaks
Price Range: $850K-$1.3M
Character: Valley living, family-friendly
Mar Vista
Price Range: $1.1M-$1.6M
Character: Westside, up-and-coming
Atwater Village
Price Range: $950K-$1.4M
Character: Walkable, trendy, LA River
South Pasadena
Price Range: $1M-$1.5M
Character: Small-town feel, top schools
LA Homeowners Share Their Stories
"Both engineers at JPL, we had 780+ credit but tight on cash after student loans. Emmett found us a 10% down conventional with no PMI using lender-paid MI. Saved us $300/month vs FHA."
February 2026
"Creative director, self-employed. Two banks denied me. Emmett found a bank statement lender for my Silver Lake bungalow. Conventional loan, great rate, 20% down. I'm home!"
January 2026
Get Your Conventional Loans Quote
Connect with Emmett directly. Quick response, personalized guidance for your Los Angeles home purchase.
Why Contact Emmett?
- ✓ Local Los Angeles market expertise
- ✓ Access to 240+ wholesale lenders
- ✓ Same-day pre-qualification available
- ✓ No obligation, free consultation
Calculate Your LA Conventional Payment
Compare payments at different down payment levels. See how PMI affects your budget.
Open CalculatorLA Conventional Loan FAQs
What is the conforming loan limit in Los Angeles for 2026?
The 2026 conforming loan limit in Los Angeles County is $1,249,125 for single-family homes. This high-cost area limit allows conventional financing in most LA neighborhoods without jumbo loan requirements.
How much down payment for conventional loan in LA?
Conventional loans in LA require as little as 3% down for first-time buyers or 5% for others. With 20% down, you avoid PMI entirely. Given LA prices, many buyers put 10-15% down to balance upfront costs with monthly PMI.
What credit score do I need for conventional loan in LA?
Minimum 620 credit score for conventional loans, but 740+ gets the best rates in LA's competitive market. We work with 240+ lenders—some offer better pricing at 700+ while others specialize in 620-680 scores.
Conventional vs FHA for Los Angeles buyers?
With LA's high prices, conventional often wins. Why? FHA has lifetime mortgage insurance; conventional PMI drops at 20% equity. If your credit is 700+ and you can put 10%+ down, conventional usually saves money long-term.
More Los Angeles Loan Options
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