Conventional Loans in Texarkana, Arkansas
Conventional loans in Texarkana
The Conventional loan program is the default non-government mortgage for borrowers with strong credit. In Texarkana — an Arkansas/Texas twin-city with a bi-state economy — Conventional financing is actively used by buyers and refinancers.
How Conventional works in Texarkana
Down payments start at 3% for first-time buyers. PMI applies below 20% down and drops at 78% LTV automatically.
Texarkana market context
Texarkana is in Miller County. Buyers can access every major Arkansas mortgage program here.
2026 loan limits applicable in Texarkana
Texarkana 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
- Texarkana mortgage hub (all programs)
- Miller County mortgage hub
- First-time buyer programs in Arkansas
- Arkansas closing costs explained
First-time buyers in Texarkana
Most Texarkana first-time buyers can stack Conventional with ADFA Move-Up Choice pricing and ADFA Down Payment Assistance.
Talk to a licensed Texarkana originator
A licensed Arkansas loan officer familiar with Conventional underwriting and Texarkana 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 Texarkana, Arkansas?
Conventional mortgages in Texarkana, 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 Texarkana homes. PMI required below 20% equity but removable at 80% LTV — better long-term economics versus FHA for Miller County buyers with solid credit.
| Down payment | 3% (Conv 97) |
|---|---|
| Min. credit | 620 |