: For FHA and conventional loans with low down payments, your credit score can influence the cost of your Private Mortgage Insurance (PMI).
: Borrowers with "Excellent" credit (760+) receive the lowest available interest rates. credit score to buy a house 2017
: The VA doesn't set a score, but most lenders require a 620 to approve the loan. USDA Loans (U.S. Department of Agriculture) : : For FHA and conventional loans with low
: This is generally the absolute minimum. Scores below this are often considered too risky for standard conventional financing. VA Loans (Department of Veterans Affairs) : USDA Loans (U
In 2017, the minimum credit score required to buy a house generally depends on the type of mortgage loan you are seeking, but most lenders look for a score of at least for conventional loans . Minimum Credit Scores by Loan Type in 2017