I'm Bond Peter Njoku (NMLS #2670329), your Frisco conventional loan officer. Frisco attracts high-income buyers, major corporate relocations, and some of the most active new construction in Texas — and conventional financing is the right tool for almost every buyer in this market.
Frisco is one of the wealthiest and fastest-growing cities in America. It sits across both Collin and Denton Counties, holds the Dallas Cowboys' headquarters and practice facility, and draws a steady stream of corporate transferees, tech professionals, and DFW families trading up from Plano and McKinney. The typical Frisco buyer has a household income well above $120,000, a credit score comfortably above 700, and is shopping in the $450,000–$750,000 range.
That profile is the textbook case for conventional financing. At 680+ credit, conventional pricing beats FHA by a wide margin — lower mortgage insurance, no upfront MIP, and PMI that cancels once you build equity. The 2026 conforming loan limit of $806,500 covers most Frisco transactions without triggering jumbo requirements. And for buyers in Frisco's active new construction market, having a competitive pre-approval from an independent lender — not a builder's preferred lender — gives you negotiating leverage you'd otherwise leave on the table.
| 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 | $806,500 (Collin + Denton County) |
| Typical Frisco price range | $450,000 – $750,000 |
Frisco has some of the most active new construction in DFW — communities like Fields, The Grove Frisco, Phillips Creek Ranch, and Starwood Frisco are all producing significant volume. Builders in these communities have preferred lenders they push hard, often sweetening the deal with closing cost credits or rate buydowns if you use their lender.
Those incentives are real — but they don't always make up for a higher rate or worse loan structure. Before you commit to a builder's preferred lender, I'll review the offer side by side against what I can do. In many cases, the difference in rate over 30 years outweighs the upfront credit. In some cases, the builder's deal is genuinely good. Either way, you deserve a straight comparison from someone who isn't on the builder's payroll.
| Builder's Lender | Independent Lender | |
|---|---|---|
| Rate transparency | Limited comparison | Full market comparison |
| Closing cost credit | Often offered | Not typically offered |
| Rate competitiveness | Varies | Competitive |
| Advisor relationship | Volume-focused | Your advocate |
Always get a Loan Estimate from both before deciding. I provide one within 24 hours of your application.
Frisco spans Collin and Denton Counties. The 2026 conforming limit for both is $806,500. Most Frisco purchases fall within that. I'm Bond Peter Njoku (NMLS #2670329). Call 469-545-7180 and I'll confirm whether your target price is conforming or jumbo.
Minimum 620, but 680+ gets meaningfully better rates. At 740+, you're in the top pricing tier. I'm Bond Peter Njoku (NMLS #2670329) — I pull your credit and tell you exactly where you stand. Call 469-545-7180.
Yes. Conventional loans work for new construction. Frisco builders push their preferred lenders, but you're not required to use them — and the difference in rate often outweighs any closing credit they offer. I'm Bond Peter Njoku (NMLS #2670329). Call 469-545-7180 before signing anything with a builder's lender.
As low as 3% through HomeReady or Home Possible programs (income limits apply). Most Frisco buyers put 5–20% down. At 20%, PMI disappears from day one. I'm Bond Peter Njoku (NMLS #2670329) — I run the numbers at every level. Call 469-545-7180.
I'm Bond Peter Njoku (NMLS #2670329), your Frisco conventional loan officer. Call, text, or WhatsApp me at 469-545-7180 — I'll run your scenarios and have a pre-approval ready fast.
Also serving nearby: Frisco · Conventional Loans in Plano · Conventional Loans in McKinney · Conventional Loans in Allen · Conventional Loans in Prosper · Conventional Loans Overview · Refinance