What Credit Score You Need To Buy A House May 2026

The most common mortgage; requires at least 3% down. Scores of 740+ secure the best rates. 580 (with 3.5% down) 500 (with 10% down)

The exact score you need depends entirely on the type of mortgage you apply for: Mortgage Type Minimum Credit Score Required Key Details 620 what credit score you need to buy a house

Your credit score directly dictates the overall cost of your home. Lenders use a tiered system to assign interest rates based on your score. The most common mortgage; requires at least 3% down

You can secure a mortgage but expect significantly higher monthly interest charges. The most common mortgage

If you are planning to shop for a home, prioritize managing your credit history at least 6 to 12 months in advance. What credit score is needed to buy a house? | Fidelity