What Credit Score Do You Need to Buy a House?

Your credit score affects whether you're approved and the interest rate you get. Here are the general ranges lenders work with.

Typical minimums

• FHA loans: about 580 for the 3.5% minimum down payment. Some lenders go lower with a larger down payment.
• Conventional loans: usually around 620.
• Lenders can set their own, higher minimums, and higher scores generally get better rates.

Ways to raise your score

• Pay every bill on time. Payment history matters most.
• Keep credit card balances low, ideally under 30% of the limit.
• Don't open or close several accounts right before applying.
• Check your free credit reports and dispute any errors.

Even a few months of good habits can move your score. A lender can tell you exactly where you stand and what would help most, and we're happy to introduce you to one. This article is general information, not financial advice.