While you can "pass" with a lower score, your credit health directly determines your interest rate, which can cost or save you tens of thousands of dollars over the life of the loan. Minimum Score Requirements by Loan Type
Because these loans exceed standard limits (over $832,750 in 2026), they require much higher credit scores and larger down payments. Score Tiers and Interest Rates (March 2026) is my credit good enough to buy a house
While the Department of Veterans Affairs doesn't set a hard floor, most private lenders set their own "overlays" between 580 and 620 . While you can "pass" with a lower score,
For most borrowers in 2026, , though you can qualify with a score as low as 500 through specialized government-backed programs like FHA loans. For most borrowers in 2026, , though you
You may still qualify but typically must provide a 10% down payment.
These rural-focused loans generally require a 640, though some lenders may consider lower scores with a deeper manual review.
Most commercial banks and lenders like Rocket Mortgage require at least 620. Note that in 2026, some guidelines from Fannie Mae and Freddie Mac have become more flexible, looking at broader financial pictures like rental history, though individual lenders often maintain their own 620 minimums. FHA Loans (500–580): 580+: Qualifies you for the low 3.5% down payment option.