FHA loans with a 580 credit score and 3.5% down payment:

FHA allows you to buy a home with only 3.5% and a 580 credit score. Most lenders require 620-640 credit score, but there are lenders that will go down to a 580 credit score. ✅ Basic FHA Guideline Minimum credit score: 580 Minimum down payment: 3.5% ✅ Debt-to-Income (DTI) Ratios with Automated Underwriting (AUS) Housing (mortgage only): 46.9% Total debts […]