The Minimum Credit Score You Need For Various Mortgages…

A common question I get is what minimum credit scores are needed for various loan programs.

I going to give you a quick guide for minimum credit scores on each program.

The mortgage industry is a very dynamic industry. …the rules change almost daily.

…so please check in with me when you get serious about buying or refinancing a house. The numbers I give here may change tomorrow!

Also, keep in mind there’s more to consider than just the credit score when qualifying for a mortgage.

…but, for the purposes of this post – here are the current minimum credit scores.

FHA – I can do credit scores down to 500. (10% down for scores between 500 and 579)

VA – No minimum credit score.

USDA – 620 minimum score.

Conventional – 620 minimum credit score.

Hope this helps! Call me or email me if you have questions about your house buying needs.