Minimum credit requirements depend on the loan program, lender guidelines, automated underwriting findings, and the borrower's complete financial profile. Some programs may allow lower scores, but credit score alone does not determine approval.
Conventional Loans
Minimum 620 for most lenders. Best rates available at 740+.
FHA Loans
Minimum 580 for 3.5% down. Some lenders accept 500 with 10% down.
VA Loans
No official VA minimum, but most lenders require 620+.
Jumbo Loans
Minimum 700-720 for most lenders. Best rates at 740+.
Non-QM Loans
Varies by program. Bank statement loans typically require 620-660+.
Improving Your Score
Paying down credit card balances, avoiding new credit inquiries, and disputing any errors on your credit report can improve your score before applying.