Credit Score Needed To Buy A Condo May 2026

You qualify for the lowest possible interest rates and lower private mortgage insurance (PMI) premiums. 700 - 739

This will tell you exactly what your "mortgage middle score" is before you start falling in love with units. Are you a first-time homebuyer ? What city or state are you looking to buy in? credit score needed to buy a condo

580 with a 3.5% down payment; 500–579 with a 10% down payment. FHA loans are great for first-time buyers, but the condo building itself must be FHA-approved. You qualify for the lowest possible interest rates

To buy a condo, you generally need a minimum credit score of , though requirements vary significantly based on the type of loan you choose. What city or state are you looking to buy in

Your credit score doesn't just determine "yes" or "no"; it determines your . Credit Score Impact on Your Loan 740 - 850

No official minimum , though most lenders require a 620 . These are for veterans and active-duty service members.