Zillow Advice: Mortgage - what is the minimum credit score to qualify for a mortgage http://www.zillow.com/advice-thread/what-is-the-minimum-credit-score-to-qualify-for-a-mortgage/379147/ Zillow Advice | Zillow Real Estate Mine are:&nbsp; &nbsp;FHA, ... http://www.zillow.com/advice-thread/what-is-the-minimum-credit-score-to-qualify-for-a-mortgage/379147/ Mine are:&nbsp; &nbsp;FHA, USDA&nbsp;&nbsp;640<br/>&nbsp;Conventional:&nbsp; 620<br/>&nbsp;Jumbo (over $417,000.00)&nbsp; 740&nbsp; Mon, 07 Feb 2011 19:18:00 GMT http://www.zillow.com/advice-thread/what-is-the-minimum-credit-score-to-qualify-for-a-mortgage/379147/ 2011-02-07T19:18:00Z Most lenders have overlays ... http://www.zillow.com/advice-thread/what-is-the-minimum-credit-score-to-qualify-for-a-mortgage/379147/ Most lenders have overlays above FHA minimum score. &nbsp;However, Wells Fargo is now accepting a 500 minimum score for their FHA products.<br/><br/>Good luck. Sun, 06 Feb 2011 21:56:00 GMT http://www.zillow.com/advice-thread/what-is-the-minimum-credit-score-to-qualify-for-a-mortgage/379147/ 2011-02-06T21:56:00Z I don't see a single correct ... http://www.zillow.com/advice-thread/what-is-the-minimum-credit-score-to-qualify-for-a-mortgage/379147/ <p>I don't see a single correct answer of the first 9.&nbsp;&nbsp; So I'll give it a shot.<br/><br/>FHA minimum score is 500.&nbsp;&nbsp; Scores below 580 require LTV&lt;=90%.&nbsp;&nbsp; Many lenders require higher scores.<br/><br/>Conventional Fannie Mae/Freddie Mac is 620, unless it is&nbsp;a Home Affordable Refinance in which case there is no minimum FICO score.</p><p>Other options such as portfolio or private lenders will set their own criteria, which can have a wide range of potential minimums.<br/><br/>&nbsp;<br/><br/></p> Thu, 03 Feb 2011 22:37:00 GMT http://www.zillow.com/advice-thread/what-is-the-minimum-credit-score-to-qualify-for-a-mortgage/379147/ 2011-02-03T22:37:00Z FHA is 580, however, most ... http://www.zillow.com/advice-thread/what-is-the-minimum-credit-score-to-qualify-for-a-mortgage/379147/ FHA is 580, however, most investors have overlays (their own guidelines) that&nbsp;have a minimum is 640.&nbsp;&nbsp;<br/><br/>Conventional and USDA minimum is 620.&nbsp;&nbsp;<br/><br/>Jumbo is 740.&nbsp; (Loan amounts greater than $417,000.00)&nbsp;&nbsp; Thu, 03 Feb 2011 22:14:00 GMT http://www.zillow.com/advice-thread/what-is-the-minimum-credit-score-to-qualify-for-a-mortgage/379147/ 2011-02-03T22:14:00Z 580 http://www.zillow.com/advice-thread/what-is-the-minimum-credit-score-to-qualify-for-a-mortgage/379147/ 580 Thu, 03 Feb 2011 19:14:00 GMT http://www.zillow.com/advice-thread/what-is-the-minimum-credit-score-to-qualify-for-a-mortgage/379147/ 2011-02-03T19:14:00Z Your best option would to ... http://www.zillow.com/advice-thread/what-is-the-minimum-credit-score-to-qualify-for-a-mortgage/379147/ Your best option would to be to try to raise the credit score.&nbsp; With a score of 590, there are many simple&nbsp;ways to improve your credit score in a short amount of time.&nbsp; The credit reporting company we use has tools for raising a client's credit score.&nbsp; Otherwise, I would say that 620 is the minimum most lenders will accept.<br/><br/>Hope this helps! Fri, 14 Jan 2011 02:17:00 GMT http://www.zillow.com/advice-thread/what-is-the-minimum-credit-score-to-qualify-for-a-mortgage/379147/ 2011-01-14T02:17:00Z FHA 3.5% Down payment most ... http://www.zillow.com/advice-thread/what-is-the-minimum-credit-score-to-qualify-for-a-mortgage/379147/ FHA 3.5% Down payment most lender are going with either 620 or 640.&nbsp; Thier are a few lender out thier that are going down to 580, however rates and fees are high. Most loan officers can assit you with getting your credit scores increased or can refer you to a credit repair company. Mon, 03 Jan 2011 04:30:00 GMT http://www.zillow.com/advice-thread/what-is-the-minimum-credit-score-to-qualify-for-a-mortgage/379147/ 2011-01-03T04:30:00Z I understand it to be 620 ... http://www.zillow.com/advice-thread/what-is-the-minimum-credit-score-to-qualify-for-a-mortgage/379147/ I understand it to be 620 or 640 Sat, 01 Jan 2011 01:46:00 GMT http://www.zillow.com/advice-thread/what-is-the-minimum-credit-score-to-qualify-for-a-mortgage/379147/ 2011-01-01T01:46:00Z The lowest qualifying credit ... http://www.zillow.com/advice-thread/what-is-the-minimum-credit-score-to-qualify-for-a-mortgage/379147/ The lowest qualifying credit score that I know of is 620 at KeyBank for their Key Community Mortgage and their VA Loans. Sat, 01 Jan 2011 01:02:00 GMT http://www.zillow.com/advice-thread/what-is-the-minimum-credit-score-to-qualify-for-a-mortgage/379147/ 2011-01-01T01:02:00Z I haven't dealt with a subprime ... http://www.zillow.com/advice-thread/what-is-the-minimum-credit-score-to-qualify-for-a-mortgage/379147/ I haven't dealt with a subprime lender for sometime now, but they used to place greater emphasis on equity in the property than credit scores. If you have enough money in either equity or down payment you may be able to get a loan. Sat, 01 Jan 2011 00:51:00 GMT http://www.zillow.com/advice-thread/what-is-the-minimum-credit-score-to-qualify-for-a-mortgage/379147/ 2011-01-01T00:51:00Z