I'm Bond Peter Njoku (NMLS #2670329), your Arlington conventional loan officer. Arlington in Tarrant County sits between Dallas and Fort Worth with homes priced $240,000–$450,000 — a range well-served by conventional financing. As home to UT Arlington, AT&T Stadium, and Globe Life Field, Arlington's economy supports a diverse buyer profile from first-time buyers to professionals making the step up to conventional.
Arlington's central DFW location draws buyers from diverse industries — healthcare, entertainment, aerospace, and education (UT Arlington enrolls over 40,000 students). That workforce range means I see everything from FHA first-timers to conventional move-up buyers. For Arlington buyers with 680+ credit and $240K–$450K target homes, conventional delivers lower PMI, no upfront insurance premium, and PMI that eventually cancels.
Arlington also benefits from TSAHC statewide DPA programs, which work with both FHA and conventional loans. For first-time buyers unsure which loan type to choose, I'll run conventional vs. FHA (with DPA) side-by-side so you see the real monthly cost difference for your specific credit and down payment.
| Minimum credit score | 620 (best pricing: 680+) |
|---|---|
| Down payment | 3% – 20%+ |
| Upfront MIP | None |
| PMI (if <20% down) | Yes — cancels at 78% LTV |
| Income limits | None |
| 2026 loan limit (Tarrant County) | $806,500 |
| Typical Arlington range | $240,000–$450,000 |
| Conventional | FHA | |
|---|---|---|
| Purchase price | $320,000 | $320,000 |
| Down payment (5%) | $16,000 | $16,000 |
| Upfront fee | $0 | $5,298 (1.75%, rolled in) |
| Monthly MI | ~$103/mo (PMI) | ~$220/mo (MIP) |
| MI removal | Cancels at 80% LTV | Stays for life if <10% down |
| 5-year MI total | ~$6,180 | ~$18,498 (incl. upfront) |
Estimates based on 700 credit, 5% down, 30-yr fixed. Actual rates and MI vary.
At 700 credit on a $320,000 Arlington home, the conventional buyer saves $117/month in mortgage insurance and over $12,000 over 5 years — with PMI that eventually cancels. FHA makes more sense below 660 credit or when stacking DPA programs that require FHA. I'll show you the exact numbers for your file.
I'm Bond Peter Njoku (NMLS #2670329), a licensed mortgage loan officer serving Arlington and Tarrant County. I offer conventional, FHA, VA, and USDA loans. Call or text 469-545-7180.
$806,500 for Tarrant County. Arlington's full price range is within this. I'm Bond Peter Njoku (NMLS #2670329). Call 469-545-7180.
Above 680 credit, conventional wins on monthly cost and 5-year total. Below 660, FHA is often better. I run both for every Arlington buyer. I'm Bond Peter Njoku (NMLS #2670329). Call 469-545-7180.
As low as 3% through HomeReady/Home Possible (income limits apply). Most Arlington buyers put 5–10% down. I'm Bond Peter Njoku (NMLS #2670329). Call 469-545-7180 and I'll show you every down payment scenario.
I'm Bond Peter Njoku (NMLS #2670329), your Arlington conventional loan officer. Call, text, or WhatsApp me at 469-545-7180 — I'll run conventional vs. FHA for your exact credit and have pre-approval ready fast.
Also serving nearby: Arlington · Conventional in Fort Worth · Conventional in Irving · Conventional in Mansfield · Conventional Loans Overview · FHA Loans in Arlington · VA Loans in Arlington