Conventional

Conventional loans are the most common way Temecula Valley buyers finance a home, and they reward steady income and solid credit. First-time buyers can put as little as 3% down (5% for others), there’s no upfront mortgage-insurance fee, and private mortgage insurance can be removed once you reach 20% equity. For 2026, the conforming loan limit is $832,750 in Riverside County and up to $1,249,125 in California’s high-cost counties. The guides below explain down payments, PMI, loan limits, and how conventional compares with FHA for your situation. Explore your options on my Conventional Home Loans page.