Is My Credit Good Enough To Buy A House May 2026

These rural-focused loans generally require a 640, though some lenders may consider lower scores with a deeper manual review.

Because these loans exceed standard limits (over $832,750 in 2026), they require much higher credit scores and larger down payments. Score Tiers and Interest Rates (March 2026) is my credit good enough to buy a house

Most commercial banks and lenders like Rocket Mortgage require at least 620. Note that in 2026, some guidelines from Fannie Mae and Freddie Mac have become more flexible, looking at broader financial pictures like rental history, though individual lenders often maintain their own 620 minimums. FHA Loans (500–580): 580+: Qualifies you for the low 3.5% down payment option. These rural-focused loans generally require a 640, though

You may still qualify but typically must provide a 10% down payment. 750 in 2026)