Is My Credit Good Enough To Buy A House May 2026

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. is my credit good enough to buy a house

Lenders use different thresholds based on the risk associated with each loan program: You may still qualify but typically must provide

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 Minimum Score Requirements by Loan Type For most

For most borrowers in 2026, , though you can qualify with a score as low as 500 through specialized government-backed programs like FHA loans.

While the Department of Veterans Affairs doesn't set a hard floor, most private lenders set their own "overlays" between 580 and 620 .