The maximum FHA Loan limit is determined by the county the property is. when determining whether an FHA loan or a Conventional Mortgage is right for you.
On average, VA loans are easier to get approved for than conventional loans, but more difficult to obtain now than in the past. The Veterans Administration does not lend money directly to individuals..
Minimum Credit Score requirements for 2017. It is best to have a 620 credit score for either a conventional or FHA loan. If you have poor credit and your score is below 620, then an FHA may be a better option. FHA requires a 500-479 credit score with 10% down. And a 580 or higher score with just a 3.5% down payment.