FHA Loan

  • Minimum 550 credit score required

  • Down payment of 3.5% required

 

Conventional Loan

  • Minimum 620 credit score required

  • Down payment of 3% to 5%

VA Loan

  • Minimum 580 credit score required

  • No down payment required

  • Must be a US veteran

 

Down Payment

Assistance

  • Minimum 660 credit score required

  • State agency will cover your down payment

  • May also cover a portion of closing costs