Conventional Loan Requirements 2018 The average credit score for homebuyers seeking a 30-year fixed-rate mortgage is 755. That rate applies to what are known as conventional. In some cases, loans that meet these requirements can be.Conforming Mortgage Limits The most well-known conforming loan guideline is the size of the loan. There are two different types of conforming loan size limits: standard and high-cost area. Most counties in the United States have a conforming loan limit of $424,100 for a one-unit property. However, there are high-cost areas of the country that have higher loan limits.
2019 FHA,VA, Conventional Conforming county loan limit in California Every year the FHFA (Fannie Mae & Freddie Mac), FHA, and the VA revise their maximum.