What Credit Score Is Needed to Buy a House? 🏠 Mortgages are significant commitments that can take years to pay off, so it's important to know what credit score you need to buy a house. Your credit score is a measure of your financial responsibility and can affect your ability to get a mortgage, as well as the interest rate you'll pay on it. ✔️ Conventional loan - A credit score of at least 620 and a debt-to-income ratio of less than 50% are required for a 3 percent down payment. You're more likely to be approved for a traditional loan if you have a higher credit score or a lower debt-to-income ratio. ✔️ FHA loans -  A credit score of at least 580 is required to qualify for a 3.5 percent down payment. Your credit score can be as low as 500 if you make a 10% down payment. ✔️ USDA loans - For a no-down-payment option, you can apply for a USDA loan, which offers 100% funding and low-interest rates. Lenders typically require a 640 credit score; however, some will accept documents to lower that number. Your credit score is a significant number that can affect your ability to buy a house. If you have any questions about mortgages or want help improving your credit score, please don't hesitate to call me today. I would be happy to help! 💯