What Credit Score Do I Need to Buy a Home?

There are rarely hard and fast requirements for a credit score when it comes to getting approved for a loan. A higher credit score will result in more favorable loan terms, such as a higher loan amount or lower interest rate. A lower credit score may require a higher down payment or a higher interest rate.

What Credit Score Do I Need to Buy a Home

Mortgages follow the same guidelines but there are a few programs with credit score requirements or tiers to allow those with lower credit scores to still get approved for a mortgage.

If your credit score is 620 or higher

You’ll be able to apply for a conventional mortgage, as well as other mortgage programs that work for you, such as the VA loan or the FHA loan. Lenders like to see a credit score of 620 or higher because it means that you have a strong track record of paying your bills on time.

If your credit score is at least 580

You can qualify for the VA loan or the FHA loan with a slightly lower credit score but expect to pay a higher interest rate. As your credit increases, you might be able to refinance in the future to take advantage of lower rates. Keep in mind that interest rates do change over time, so future rates won’t necessarily be lower.

If you do have a lower credit score, talk to your lender about programs that you may qualify for as well as other factors that may help your application. For example, if you have a large down payment, they may be willing to work with a lower credit score. They are still required to follow lending regulations, however. One of the best ways to put yourself in the best position to get a mortgage is to maintain a good credit score.

 

Reviewed By
Last reviewed: May 18, 2026

Founder & CEO, Mortgage Loan Originator, Lendmire LLC

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Disclosure information. Lendmire is a state-licensed mortgage brokerage under NMLS# 2371349. Lendmire is not a depository institution, direct lender, or financial advisor — all loans referenced are placed through wholesale lender partners and are subject to each lender's underwriting standards. This article is provided for general informational purposes and is not a commitment to lend, nor does it constitute financial, legal, or tax advice. Loan programs, terms, rates, and qualification standards change without notice and depend on borrower profile, property type, and the state in which the subject property is located. Equal Housing Opportunity provider. NMLS Consumer Access: nmlsconsumeraccess.org.

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