Am I Eligible To Buy A House -

: Historically required a 620 minimum. However, as of late 2025, Fannie Mae and Freddie Mac have largely eliminated strict numeric minimums in favor of a holistic risk assessment, though many individual lenders still prefer a 620+ score.

: You can qualify with a score as low as 580 with a 3.5% down payment. Some lenders may even accept scores down to 500 if you can provide a 10% down payment. am i eligible to buy a house

While higher scores unlock better interest rates, you don't need "perfect" credit to qualify. : Historically required a 620 minimum

To determine your eligibility to buy a house in 2026, you must evaluate four primary financial pillars: , debt-to-income (DTI) ratio , stable income , and cash for a down payment . Recent policy changes have made some of these criteria more flexible than in previous years. 1. Credit Score Thresholds Some lenders may even accept scores down to