Conventional Loans in Dallas, TX
Dallas's booming job market and diverse neighborhoods make conventional loans an excellent choice. Up to $832,750 with competitive rates and removable PMI.
Dallas's charming neighborhoods fit conventional financing perfectly
Why Choose Conventional Loans in Dallas?
Removable PMI
Unlike FHA, PMI automatically drops at 20% equity. Dallas's 5.8% appreciation helps you reach this faster.
Higher Loan Limits
$832,750 conforming limit vs $541,287 FHA. Perfect for Lakewood, M Streets, and Lake Highlands.
Investment Properties
Conventional allows second homes and rentals. Dallas's rental market yields strong returns.
Lower Long-Term Cost
With good credit, conventional beats FHA over time. No lifetime MIP means significant savings.
Flexible Terms
10, 15, 20, or 30-year terms. Fixed or ARM options. Match your Dallas lifestyle.
Condo Flexibility
More Dallas condos qualify for conventional than FHA. Uptown, Victory Park, Knox-Henderson options.
Dallas Neighborhoods for Conventional Buyers
These established Dallas communities fit within the $832,750 conforming limit:
Lakewood
Price Range: $500K-$850K
Highlight: White Rock Lake, charming
Lower Greenville
Price Range: $400K-$650K
Highlight: Walkable, nightlife, young professionals
M Streets
Price Range: $450K-$750K
Highlight: Tudor architecture, established
Lake Highlands
Price Range: $400K-$700K
Highlight: Richardson ISD, family-friendly
Kessler Park
Price Range: $450K-$800K
Highlight: Historic, oak trees, large lots
Bluffview
Price Range: $600K-$950K
Highlight: Near Love Field, upscale
Dallas Homeowners Share Their Stories
"UT Southwestern physician, I wanted to live near White Rock Lake. Emmett helped me put 15% down on a Lakewood charmer and got PMI that will drop in 18 months with the appreciation here."
February 2026
"Young couple, tech salaries, wanted walkable Dallas living. Conventional loan with 10% down got us into Lower Greenville. We bike to restaurants every weekend!"
January 2026
Calculate Your Dallas Conventional Payment
Compare scenarios: 3% down with PMI vs. 20% down without. See how Dallas\'s appreciation affects your equity.
Open CalculatorDallas Conventional Loan FAQs
What is the conforming loan limit in Dallas for 2026?
The 2026 conforming loan limit in Dallas (Dallas County) is $832,750 for single-family homes. This is the standard limit for conventional loans backed by Fannie Mae or Freddie Mac.
Can I avoid PMI on a Dallas conventional loan?
Yes! With 20% down, you avoid PMI entirely. Even with less, PMI automatically drops when you reach 20% equity. Dallas's 5.8% annual appreciation helps you reach that threshold faster than the national average.
Which Dallas neighborhoods suit conventional buyers?
Conventional loans work well in Lakewood, Lower Greenville, M Streets, Preston Hollow (select homes), and University Park perimeter areas. These neighborhoods have homes from $400K-$750K with strong appreciation.
What credit score do I need for a Dallas conventional loan?
Minimum 620 credit score for conventional loans, but 740+ gets the best rates. Dallas's competitive market often sees multiple offers—stronger pre-approvals (higher credit) improve your offer.
More Dallas Loan Options
Ready for Your Dallas Conventional Loan?
Whether you\'re buying in Lakewood, refinancing in Lake Highlands, or investing in Dallas rentals, let\'s discuss your options.