Conventional Loans in Benton, Arkansas
Conventional loans in Benton
The Conventional loan program is the default non-government mortgage for borrowers with strong credit. In Benton — a Little Rock western-suburb bedroom community — Conventional financing is actively used by buyers and refinancers.
How Conventional works in Benton
Down payments start at 3% for first-time buyers. PMI applies below 20% down and drops at 78% LTV automatically.
Benton market context
Benton is in Saline County. Buyers can access every major Arkansas mortgage program here.
2026 loan limits applicable in Benton
Benton is in the standard loan-limit band: FHA 1-unit limit $524,225, FHFA conforming limit $806,500.
Related resources
- Conventional loan overview for all of Arkansas
- Benton mortgage hub (all programs)
- Saline County mortgage hub
- First-time buyer programs in Arkansas
- Arkansas closing costs explained
First-time buyers in Benton
Most Benton first-time buyers can stack Conventional with ADFA Move-Up Choice pricing and ADFA Down Payment Assistance.
Talk to a licensed Benton originator
A licensed Arkansas loan officer familiar with Conventional underwriting and Benton can run a pre-qualification in 24–72 hours. Start the conversation →
EQUAL HOUSINGOPPORTUNITY
PRMI NMLS 3094. PRMI is an Equal Housing Lender. Some products and services may not be available in all states. Credit and collateral are subject to approval. Terms and conditions apply. Programs, rates, terms and conditions are subject to change and are subject to borrower(s) qualification. This is not a commitment to lend. The content in this website has not been approved, reviewed, sponsored or endorsed by any department or government agency.
What is a conventional mortgage in Benton, Arkansas?
Conventional mortgages in Benton, Arkansas: Fannie Mae and Freddie Mac-conforming home loans with minimum 3% down (Conventional 97), 620+ FICO, and a 2026 conforming limit of $806,500 for 1-unit Benton homes. PMI required below 20% equity but removable at 80% LTV — better long-term economics versus FHA for Saline County buyers with solid credit.
| Down payment | 3% (Conv 97) |
|---|---|
| Min. credit | 620 |