In 2017, the "best" credit score for buying a house was not a single fixed number but rather a range that varied significantly depending on the mortgage program you chose. While you could secure a mortgage with a score as low as under certain conditions, reaching the 740 to 760 range was the gold standard for unlocking the lowest interest rates and best terms. Credit Score Requirements by Loan Type in 2017

Lenders use your FICO score to gauge risk. Different loan programs had the following benchmarks during this period: best credit score to buy a house 2017

Could still qualify, but required a 10% down payment . In 2017, the "best" credit score for buying

Most lenders required a minimum score of 620 . These loans are not backed by the government and typically offer better rates for those with scores above 720. Different loan programs had the following benchmarks during

Backed by the Federal Housing Administration, these were highly popular in 2017 for buyers with lower credit. 580+ Score: Qualified for the minimum down payment of 3.5% .

Best Credit Score To Buy A House 2017 < SAFE • Full Review >

In 2017, the "best" credit score for buying a house was not a single fixed number but rather a range that varied significantly depending on the mortgage program you chose. While you could secure a mortgage with a score as low as under certain conditions, reaching the 740 to 760 range was the gold standard for unlocking the lowest interest rates and best terms. Credit Score Requirements by Loan Type in 2017

Lenders use your FICO score to gauge risk. Different loan programs had the following benchmarks during this period:

Could still qualify, but required a 10% down payment .

Most lenders required a minimum score of 620 . These loans are not backed by the government and typically offer better rates for those with scores above 720.

Backed by the Federal Housing Administration, these were highly popular in 2017 for buyers with lower credit. 580+ Score: Qualified for the minimum down payment of 3.5% .