: For FHA and conventional loans with low down payments, your credit score can influence the cost of your Private Mortgage Insurance (PMI).
Your credit score doesn't just determine if you can get a loan; it determines how much that loan will cost you over 30 years.
: You may still qualify, but you are typically required to provide a 10% down payment. Conventional Loans (Fannie Mae and Freddie Mac) :
: The VA doesn't set a score, but most lenders require a 620 to approve the loan. USDA Loans (U.S. Department of Agriculture) :
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