Conventional Loan w/ 5% down HELP!

Hi,I'm a first time home buyer, purchasing a condo in the Chicago area that has not been FHA approved yet.The seller's agent suggested that I try to get a conventional loan to ensure I get into the property as soon as possible.I have 675, 678, and 705 credit scores--678 being the median score.My current lender's policy isn't able to give me a conventional loan with only 5% down without at least a 680 median score. I'm two points away. (sigh)My question is:Does anyone know of an Illinois lender who can approve a conventional loan with only 5% down on a condo with under a 680 credit score? Or is that a pretty standard score?Thanks in advance.T. by tracema from Jackson, Mississippi. Jun 30th 2011 Reply