What Credit Score is Needed to Buy a House

FHA minimum down payment of 3.5%

VA loan no minimum down payment

Fannie Mae minimum down payment of 5%

USDA no minimum down payment

FHA requires a minimum credit score of 500

There are no income limits like you may find with first time home buyer programs. However, there are limits on how much you can borrow.

203(b) program provides mortgages for home buyers to purchase a principal residence with a low down payment and with lower credit standards.
203(k) program is for the rehabilitation and repair of single family properties. Providing both the financing to purchase a property and the financing to make repair. The program offers an important tool for expanding homeownership opportunities.
HUD $100 down payment program for borrowers purchasing single-family HUD Real Estate Owned (REO). The program is limited to owner-occupant buyers who have not purchased a HUD REO property within the last 24 months.

What credit score is needed to buy a house using an FHA loan? A minimum 500 credit score. HUD's mission is to support the nation’s housing market.

VA loans requires a minimum credit score 500

VA direct home loan programs basic intention is to supply home financing to eligible veterans in areas where private financing is not generally available and to help veterans purchase properties with no down payment.

VA loans require no money down 100% financing

Fannie Mae requires a minimum credit score of 620

Their mission is to help ensure that home buyers and home owners have access to mortgage financing.

My Community program requires a minimum down payment of 5%. The borrower’s income cannot exceed 100% of the annual HUD Area Median Income for the subject property’s location.
Home Possible® program requires a minimum down payment of 5%. First Time Home Buyers must participate in a home ownership education program.
Community Solution loans provide additional flexibilities for teachers/educational institution employees, firefighters, police, healthcare workers and military personnel.
HomeChoice loans offer borrowers with a disability or who have a family member with a disability who may need greater underwriting flexibilities, including non-occupying co-borrowers.
HomePath® program is a fixed-rate, fully amortizing loan program that provides the financing for properties that are owned by Fannie Mae as a result of foreclosure or other similar action such as a deed-in-lieu.
Conforming loans that promote home ownership for first time home buyers with programs that offer a low down payment.
Conforming High Balance are mortgages originated using higher maximum loan limits that are permitted in designated high-cost areas.

USDA loans require a minimum credit score 550

USDA home loan program primarily used to help low-income individuals or households purchase homes in rural areas.The Office of Rural Development (RD) is an agency with the United States Department of Agriculture which runs programs intended to improve the economy and quality of life in rural America by offering 100% financing.