Uploaded January 2026 | Updated September 2026, 2 weeks ago
Are you a first-time home buyer looking to navigate the 2026 housing market? Conventional loans remain the most popular choice for buyers, but the rules have changed for the new year. In this video, we break down the 2026 Conventional Loan requirements to help you get mortgage-ready.
Start Here 👇
✅ Ready to become a homeowner? Start your stress-free journey today: jebsmith.net/start?video=ja99daY_rvA
Watch This Next 👇🏻
⏩ NEW FHA Loan Requirements 2026 - youtu.be/aOfhgnHjiAo
What is a conventional loan? A conventional loan is a type of mortgage loan that is not insured or guaranteed by the government. Instead, the loan is backed by private lenders, and its insurance is usually paid by the borrower. Conventional loans are much more common than government-backed financing.
Loan limit for standard and high balance conforming:
1-Unit - $832,750 / $1,249,125
2-Units - $1,066,250 / $1,599,375
3-Units - $1,288,800 / $1,933,200
4-Units - $1,601,750 / $2,402,625
Check the loan limits in your area:
singlefamily.fanniemae.com/media/document/xlsx/loan-limit-look-table
Conventional Loan Requirements 2026:
✅FICO® score - No Credit Score Required
✅3% minimal down payment required
✅MIP (Mortgage Insurance Premium ) is required when putting less than 20% down.
✅Debt-to-Income Ratio less than 45%. (Actually you can go much higher than this)
✅The home can be a primary residence, second home or investment property
✅Borrower must have steady income and proof of employment.
✅Assets may be required at closing.
Connect with me 👇
Jeb Smith (huntington beach Realtor/orange county real estate)
DRE 01407449
Real Broker
#housingmarket #firsttimehomebuyer #realestate
Are you a first-time home buyer looking to navigate the 2026 housing market? Conventional loans remain the most popular choice for buyers, but the rules have changed for the new year. In this video, we break down the 2026 Conventional Loan requirements to help you get mortgage-ready.
Start Here 👇
✅ Ready to become a homeowner? Start your stress-free journey today: jebsmith.net/start?video=ja99daY_rvA
Watch This Next 👇🏻
⏩ NEW FHA Loan Requirements 2026 - youtu.be/aOfhgnHjiAo
What is a conventional loan? A conventional loan is a type of mortgage loan that is not insured or guaranteed by the government. Instead, the loan is backed by private lenders, and its insurance is usually paid by the borrower. Conventional loans are much more common than government-backed financing.
Loan limit for standard and high balance conforming:
1-Unit - $832,750 / $1,249,125
2-Units - $1,066,250 / $1,599,375
3-Units - $1,288,800 / $1,933,200
4-Units - $1,601,750 / $2,402,625
Check the loan limits in your area:
singlefamily.fanniemae.com/media/document/xlsx/loan-limit-look-table
Conventional Loan Requirements 2026:
✅FICO® score - No Credit Score Required
✅3% minimal down payment required
✅MIP (Mortgage Insurance Premium ) is required when putting less than 20% down.
✅Debt-to-Income Ratio less than 45%. (Actually you can go much higher than this)
✅The home can be a primary residence, second home or investment property
✅Borrower must have steady income and proof of employment.
✅Assets may be required at closing.
Connect with me 👇
Jeb Smith (huntington beach Realtor/orange county real estate)
DRE 01407449
Real Broker
#housingmarket #firsttimehomebuyer #realestate
