: Scores below 620 usually trigger much higher interest rates.
The absolute lowest credit score to buy a home is , but this requires a specific loan type and a larger down payment. 🏠 Minimum Scores by Loan Type FHA Loans 500 : Minimum score required with a 10% down payment . 580 : Minimum score required for a 3.5% down payment . Conventional Loans lowest credit score to buy a home
: Lenders prefer your total debt payments to be under 36-43% of your gross income. : Scores below 620 usually trigger much higher