: No official government minimum score, though most lenders require 580–620 .
: 640 is typically required for automated approval. what credit score you need to buy a home
Lenders typically use these baseline scores for the major 2026 mortgage programs: : 580 minimum for a 3.5% down payment. : No official government minimum score, though most
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 Your credit score places you into "tiers" that
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
Scores between 500 and 579 are possible but usually require a 10% down payment. : 620 minimum.