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FHA minimum credit score to buy a house is 500.

New FHA policy requires a minimum credit of 500 to buy a home or refinance. In the old days FHA did not require a minimum score. These changes went in to effect in 2010.

To buy a home you will need a minimum credit score of 500.

Borrowers with scores above 580 require a 3.5% down payment. The funds can be a gift from a family member and a 6% seller's concession is allowed.

If you have credit scores below 580 new FHA changes require a 10% down payment. The funds can be a gift from a family member and a 6% seller's concession is allowed.

To refinance your mortgage you need a minimum 500 credit score.

Borrowers with a minimum credit score above 500 can refinance up to a 97.5% loan-to-value on a rate and term refinance. And up to 80% cash out refinance with a credit score above 500.

Most lenders require a minimum credit score of 640 for a FHA loan.

Whether you're planing to buy your first home, refinance, lower your monthly payments, buy a second home, consolidate debt or get pre-approved for a mortgage. A perfect credit score is not needed for an FHA loan approval.

In fact, even if you have had credit problems, such as a bankruptcy, it's easier for you to qualify for an FHA loan than a for a conventional loan. Credit scores down to 500 are accepted if there are compensating factors that offset the credit risk.