While higher scores unlock better interest rates, you don't need "perfect" credit to qualify.
: 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. am i eligible to buy a house
Lenders use your DTI to ensure your monthly debt payments (including your new mortgage) aren't too high compared to your gross monthly income. Credit score rules are changing for mortgages in 2026 While higher scores unlock better interest rates, you