What Credit Score You Need To Buy A Home -

: 700 to 720+ is standard for loans exceeding conforming limits (typically $806,500 in most areas for 2026). How Your Score Impacts Monthly Costs

: 640 is typically required for automated approval. what credit score you need to buy a home

Scores between 500 and 579 are possible but usually require a 10% down payment. : 620 minimum. : 700 to 720+ is standard for loans

To buy a home in 2026, the minimum credit score you need generally starts at for a low down payment, though some programs allow scores as low as 500 with a larger down payment. While a higher score isn't always required for approval, it is the primary factor in securing a lower interest rate, which can save you tens of thousands of dollars over the life of your loan. Minimum Credit Scores by Loan Type : 620 minimum

Your credit score places you into "tiers" that dictate your interest rate and mortgage insurance costs. For a $300,000 loan, the difference between a fair and excellent score can be significant: Average Mortgage Rates by Credit Score - Experian