Loan basics

What credit score do I need to buy a home?

The minimum credit score depends on the loan type:

  • FHA Loan: 500 minimum (580+ for 3.5% down)
  • VA Loan: No official minimum (lenders typically require 620+)
  • Conventional: 620 minimum
  • Jumbo: 700+ typically required

Higher credit scores get better interest rates, which can save tens of thousands over the loan life.

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