While 620 is a common benchmark, several programs allow for lower scores:
To buy a house, a is generally the minimum threshold for standard conventional loans. However, the "good enough" score depends heavily on the type of mortgage you choose and the interest rate you want to secure. Minimum Credit Scores by Loan Type good enough credit score to buy a house
: You can still buy a home, but you may be limited to government-backed loans or pay higher interest. Beyond the Score: The "4 C's" While 620 is a common benchmark, several programs
While you can buy with a 620, a "good" score—one that unlocks better rates—is typically . While 620 is a common benchmark
: Often requires a minimum between 580 and 620 , though some lenders like Freedom Mortgage may accept scores as low as 550.