Minimum Credit Score for FHA Loan

Minimum Credit Score for FHA Loan

What FHA Requires

What FHA Requires

FHA loans are designed to help more people qualify for homeownership. They allow lower credit scores compared to conventional loans. Your credit score shows lenders how well you manage debt and payments.

Score for 3.5% Down Payment

Score for 3.5% Down Payment

Minimum credit score: 580

Qualifies for 3.5% down

Most common FHA option

Great for first-time buyers

Lower Credit Score Option (500–579)

Lower Credit Score Option (500–579)

Credit score 500–579 may qualify

Needs 10% down payment

Few lenders accept low scores

Harder to get approved

Lender Requirements May Be Higher

Lender Requirements May Be Higher

Front-end DTI: up to 31%

Front-end DTI: up to 31%

Front-end DTI: up to 31%

Front-end DTI: up to 31%

Improve Your Chances

Improve Your Chances

At Alt Financial, we help you qualify even with low credit. Our experts guide you to improve your score and find the right FHA loan. We make owning a home simple and achievable.