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5 Percent Conventional Loan Minimum Conventional Loan Amount Max Conventional Loan Amount VA home loans are a unique offering for those who are serving, have served, or are an eligible spouse of someone in the armed forces. Understanding VA home loan limits is an important step to securing one.conventional home loans – Rates, Eligibility & Benefits | PennyMac – Conventional loans can be a great lower cost mortgage option for people who can.. an approximately 20% minimum down payment is required to eliminate the.