FHA vs Conventional 680 Credit Score: The Real Answer
FHA vs conventional 680 credit score comparisons rarely come down to approval odds since both minimums are cleared easily at that score. The real difference is mortgage insurance structure: FHA’s fixed 0.55 percent rate versus conventional’s tiered PMI pricing. Kevin Martini of Martini Mortgage Group run this exact math for Raleigh and Wake County buyers weekly, finding FHA often wins with low down payments while conventional pulls ahead near 10 percent down or a fast path to 20 percent equity.