Where can I get a conventional loan near me in Marina del Rey?

Our Marina del Rey office at 13763 Fiji Way, Suite EU2, Marina del Rey, CA 90292 arranges conventional loans across the Westside. Save Financial is a licensed California mortgage broker (NMLS #377740, DRE #01875766) that shops multiple lenders for your best conventional pricing. Call (310) 759-4757.

How much down payment do I need for a conventional loan?

As little as 3%. Putting down less than 20% means PMI, but conventional PMI cancels once you reach 20% equity — unlike FHA's mortgage insurance.

What credit score do I need for a conventional loan?

Generally 620 or higher. Scores of 740+ qualify for the best pricing and lowest mortgage insurance, which is why credit tier matters so much on conventional.

Does conventional have mortgage insurance?

Only when you put down less than 20% — and that PMI cancels at 20% equity. That cancellability is a major advantage over FHA's ongoing premium.

What is the 2026 conventional loan limit on the Westside?

The baseline is $832,750, but high-cost Los Angeles County carries a high-balance limit of $1,249,125 — so many Westside homes still finance conventionally rather than jumbo.

Conventional or FHA — which is better?

If your credit is 620+ (especially 740+), conventional is often cheaper over time because the PMI cancels at 20% equity. FHA can win for lower credit or thin files. We price both.

Are you a bank or a broker?

We're an independent mortgage broker (NMLS #377740, DRE #01875766). On conventional, that lets us compare pricing across lenders — which varies by credit tier — rather than quoting one bank.

Which Westside areas do you serve from this office?

All of the Westside and beyond — including Marina del Rey, Venice, Playa del Rey, Playa Vista, Santa Monica, Culver City, and more — plus every California county.

Conventional Loans · Marina del Rey, CA

Conventional Loans in Marina del Rey — Local Conforming Loan Options from Save Financial

A conventional loan in Marina del Rey is the lowest-cost path for most Westside buyers with a 620+ credit score — as little as 3% down, PMI that cancels at 20% equity, and high-balance limits up to $1,249,125 in Los Angeles County. Save Financial (NMLS #377740), a local broker at 13763 Fiji Way, Suite EU2, compares conventional options from multiple lenders. Call (310) 759-4757.

For most Westside buyers with decent credit, a conventional loan is the default — and usually the lowest-cost path. You can put as little as 3% down, the PMI cancels once you reach 20% equity (unlike FHA's mortgage insurance), and in high-cost Los Angeles County the high-balance conforming limit reaches $1,249,125. That means a large share of Westside homes finance conventionally without crossing into jumbo territory. For a 620+ buyer, it's the loan we compare everything else against.

Looking for a Conventional Loan Near You in Marina del Rey?

Our Westside home office lets a buyer get pre-approved in person with a licensed loan officer and compare conventional pricing across lenders — which, on conventional, varies meaningfully by credit tier — not through a distant call center.

Save Financial — Marina del Rey office
13763 Fiji Way, Suite EU2, Marina del Rey, CA 90292
Phone: (310) 759-4757
Hours: Monday–Friday 8:00 AM–5:00 PM, Saturday 10:00 AM–2:00 PM (Sunday closed) PT

The office is just off Fiji Way near the main channel of the marina, with convenient parking and quick access from Lincoln Boulevard and the 90 Marina Freeway. We serve Westside buyers from our Marina del Rey office across the neighborhoods below.

Areas We Serve Near Our Marina del Rey Office

Here is how conventional financing tends to fit across the areas we cover from Marina del Rey:

Marina del Rey: 3%-down and move-up conventional buyers on homes and warrantable condos.
Venice: 620+ buyers choosing conventional over FHA to keep cancellable PMI.
Playa del Rey: coastal conventional purchases under the high-balance limit.
Playa Vista: warrantable-condo buyers financing conventionally.
Santa Monica: high-balance conventional up to $1,249,125 before jumbo.
Culver City: first move-up buyers with strong credit near the tech corridor.
West Los Angeles: conventional buyers targeting the best pricing at 740+.
Mar Vista: single-family conventional purchases with 3–20% down.
Westchester: Kentwood buyers and 2–4-unit investors financing conventionally.

These are service areas of our Marina del Rey office, not separate offices.

How a Conventional Loan Works

A conventional loan is a mortgage that isn't insured by a government agency (not FHA, VA, or USDA) and conforms to the limits set by Fannie Mae and Freddie Mac. You can put down as little as 3%, and PMI is required only below 20% down — and it cancels once you reach 20% equity. That cancellable mortgage insurance is a key advantage over FHA.

You'll generally want a 620+ credit score to qualify, and 740+ earns the best pricing. In high-cost Los Angeles County, the high-balance conforming limit is $1,249,125 (over the $832,750 baseline), so many Westside homes finance conventionally without going jumbo. DTI runs up to 45%, and up to 50% with strong compensating factors.

Conventional works on a primary residence, second home, or investment property, on 1–4-unit properties, in both fixed and adjustable structures. As a broker, we shop conventional pricing across lenders — which can differ by credit tier — instead of quoting one bank.

Common Conventional Scenarios for Westside Buyers

A 700-score buyer putting 3% down on a Culver City condo.
A buyer choosing conventional over FHA specifically so the PMI cancels at 20% equity.
A 740+ buyer optimizing for the best pricing on a Mar Vista home.
An investor financing a 2–4-unit Westchester property conventionally.
A move-up buyer using high-balance conventional up to $1,249,125 in Santa Monica.

Is a Conventional Loan Right for You?

Your credit is 620 or higher (740+ gets the best pricing).
You're buying a Westside primary residence, second home, or investment (1–4 units).
You'd rather have PMI that cancels at 20% equity than permanent FHA insurance.
Your loan fits under the $1,249,125 high-balance limit (otherwise we'll price jumbo).

Conventional vs. FHA vs. Jumbo

These are the three paths most buyers weigh. Here's how they line up:

For a Westside buyer	Conventional	FHA	Jumbo
Minimum down	As low as 3%	3.5% (580+ FICO)	Larger; above the limit
Credit	620+ (740+ for best pricing)	580+ (500–579 with 10% down)	700–740+
Mortgage insurance	PMI below 20% down — cancels at 20% equity	Upfront + annual MIP	Varies by lender
2026 loan limit	Up to $1,249,125 high-balance (high-cost county)	Up to $1,249,125	Above $1,249,125
Property types	Primary, second home, or investment (1–4 units)	Primarily owner-occupied	Primary, second home, investment
Best for	Westside buyers with 620+ credit	Lower credit or thin files	Homes above the conforming limit

For 620+ buyers under the conforming limit, conventional is usually cheapest over time thanks to cancellable PMI. We'll price all three on your numbers.

Why Work With a Local Marina del Rey Mortgage Broker?

Conventional pricing swings by credit tier and lender, so broker access matters: we compare Fannie/Freddie pricing across multiple lenders instead of one bank's rate sheet. Our office is in Westside, so we know local values, warrantable-condo rules, and how to structure a competitive conventional offer.

Meet us in person, get pre-approved, and get straight answers from a licensed local loan officer. Call the Marina del Rey office directly at (310) 759-4757.

How to Get a Conventional Loan with Save Financial

Tell us your Westside target price, down payment, and rough credit. Start online or call (310) 759-4757.
We confirm conventional fit, check the high-balance limit, and compare lender pricing by credit tier.
We shop conventional lenders and issue your pre-approval.
You make an offer in Culver City, Santa Monica, or wherever you're buying, and we close it.

Serving Marina del Rey: Save Financial arranges these loans in Marina del Rey and across Westside Los Angeles from our Marina del Rey office. We are a California-licensed mortgage brokerage (NMLS #377740, DRE #01875766), Equal Housing Opportunity, and shop multiple lenders for your best terms. This page is informational and not a commitment to lend; all loans are subject to credit approval, income and property review, and program availability. Call 310-759-4757 or apply online.