Can I get a conventional loan with a middle credit score of 629?

There ia no exact rule on that. You would need to see if automated underwriting would approve it. Compensating factor like alot of equity and ample reserves do make a difference. I am licensed in florida. Tom@lendfm.com678-571-7433

There ia no exact rule on that. You would need to see if automated underwriting would approve it. Compensating factor like alot of equity and ample reserves do make a difference. I am licensed in florida. Tom@lendfm.com678-571-7433

Hi Tamparut877,It is possible to qualify for a a conventional loan with a 620 but your rate & PMI will be higher. An FHA loan will end up giving you the lowest payment. The is another option depending on where you want to live & how much you make. The No Money Down USDA mortgage.| Please feel free to contact me for more information or help. | John Burke | Senior Mortgage Banker | Great Plains National Bank http://www.valoansdoneright.com | (877)228-9069 | Lending in ALL 50 states

It really depends on the lender. Some lenders will go down to a 580 score. Contact a local mortgage professional, they will have a whole list of lenders they deal with and will try and match you up with the right bank for your scenario.