If your score is below 620, government-insured loans are often your best path because they protect the lender against default, allowing for more flexible entry requirements.

While a perfect credit score makes buying a home easier, a low score is not a definitive barrier. In 2026, several government-backed programs and specialized lenders cater specifically to borrowers with "fair" or "poor" credit (typically defined as scores below 620).

The Path to Homeownership with a Low Credit Score (2026 Guide)