Home Loans
What credit score do I need to qualify for a loan?
Context
Credit score is usually the first thing borrowers worry about when they consider applying.
The short answer
Credit requirements vary by loan type and lender. Conventional loans typically require a 620+ credit score, while FHA loans can go lower (580+).
Things to keep in mind
Because DMF works with multiple lenders, we can often find options for borrowers with imperfect credit, but final requirements are set by the lender.
Next step
Contact DMF to discuss your specific credit situation.
Have a question about your own situation?
DMF serves Minnesota homebuyers and homeowners by shopping your purchase or refinance file across multiple wholesale lenders — not a single bank's product menu.
Davis Monroe Financial, LLC is a mortgage broker, not a lender. We do not make credit decisions or fund loans. Rate locks are issued by the lender; we submit and manage lock requests on your behalf. All loans are subject to credit approval. Rates and terms are subject to change without notice.