Whats A Good Fico Score To Buy A House -

While program minimums exist, many lenders add "overlays," requiring slightly higher scores for actual approval. : Baseline : Typically 620 .

For most borrowers in 2026, a . While you can qualify with a score as low as 500 for certain programs, reaching the 740 to 760+ range is ideal for securing the lowest interest rates and most favorable terms. 2026 Minimum Requirements by Loan Type whats a good fico score to buy a house

: Keep credit card balances below 30% (ideally below 10%) of your limits. While program minimums exist, many lenders add "overlays,"

: Higher scores often lead to lower Private Mortgage Insurance (PMI) costs for conventional loans. While you can qualify with a score as

: Usually required due to the higher risk of large loan amounts. Why Your Score Matters (Interest & Costs)

: On a $400,000 mortgage, a borrower with a 760+ score can save approximately $193,000 in interest over 30 years compared to someone in the 620–639 range.

: Avoid opening new credit accounts or changing jobs immediately before or during the application process. Your approximate credit score range (e.g., 600s, 700s) Whether you are a first-time buyer or a veteran Your intended down payment percentage