What Credit Score You Need To Buy A Home May 2026

: No official government minimum score, though most lenders require 580–620 .

: 700 to 720+ is standard for loans exceeding conforming limits (typically $806,500 in most areas for 2026). How Your Score Impacts Monthly Costs

Lenders typically use these baseline scores for the major 2026 mortgage programs: : 580 minimum for a 3.5% down payment. what credit score you need to buy a home

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. : No official government minimum score, though most

: 640 is typically required for automated approval.

As of late 2025, Fannie Mae and Freddie Mac have moved toward more holistic risk assessments, but most individual lenders still enforce the 620 floor. To buy a home in 2026, the minimum

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