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What is the minimum requirement your credit score should be to qualify for a home loan?

Asked by Vipin R
Sep 19, 2024
All Replies (1)
Boobesh avatar
Boobesh
Sep 19, 2024
Hi Vipin, Thank you for your inquiry! The minimum credit score required to qualify for a home loan can vary by lender and loan type, but generally, a score of 620 is often considered the minimum for conventional loans. However, some lenders may offer options for those with lower scores, while FHA loans may allow scores as low as 580 with a higher down payment. If you have any more questions or need further assistance, feel free to ask! Best regards, B
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