Conventional loan programs are available to anyone with a 620 plus credit score. Conventional loans have the benefit of offering higher loan limits. With a Conventional loan, Private Mortgage Insurance can also be reduced or eliminated depending on the down payment. Typical down payments are typically 3, 5, 10, 15 and 20 percent. Our goal at Southlake Mortgage is to advise you of all options you qualify for. We understand you are an individual with individual needs!