What is the minimum credit score required to get a a conventional loan with 10% down?

Most investors/banks will require a minimum score of 640, but some investors will go as low as 620 with ample reserves. Since conventional loans are market priced based on risk, you should work on getting your scores higher to improve the interest rate you are eligible for and to lower the PMI premiums. Getting your score to 680 could save you nearly a half percent in the interest rate and cut the cost of your PMI cost by 20%. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ Certified by the National Association of Mortgage Professionals and Licensed in California, Arizona and Washington ~ www.LoansA2z.com 888-889-9950

We lend down to a 620 score for conventional loans nationwide. Let's discuss your loan scenario in more detail. Contact me at 800 315 8803. My name is Jamie and I have been in the mortgage business since 1989. I am happy to answer your mortgage questions, 7 days a week and review your loan scenario. Until then, I look forward to hearing from you. Jamie Lynne - www.bartprequalifies.com - email Jamie@bartprequalifies.com - 800 315 8803