Fico Score To Buy A House Access

Lenders often set their own "overlays," meaning their internal requirements may be 20–40 points higher than the program's official minimum. Typical Minimum Score Down Payment Key Advantage 580 (3.5% down) or 500 (10% down) 3.5% – 10% Most accessible for lower credit Conventional 3% – 20% Lower long-term costs for strong credit VA No official min (lenders often 580–620) No down payment for veterans USDA 640 (typical) Zero down for eligible rural areas Jumbo 700 – 720+ 10% – 20% For loans above conforming limits

What is a good credit score to buy a house? - Fidelity Investments fico score to buy a house

To buy a house in 2026, the FICO score you need depends primarily on the loan program you choose. While you can technically qualify for certain government-backed loans with a score as low as (with a 10% down payment), most lenders prefer a score of at least 620 for conventional mortgages. Minimum FICO Scores by Loan Type Lenders often set their own "overlays," meaning their