Quick Answer: Can I Get A Mortgage With A 700 Credit Score?

Quick Answer: Can I Get A Mortgage With A 700 Credit Score?

Mortgage interest rates with a 700 credit score.

Generally, you need a credit score of 620 or better to qualify for a conventional Fannie Mae loan or an FHA loan with a 3.5 percent down payment.

If you’re interested in a no-down payment USDA loan, the minimum credit score rises to 640.

How much of a loan can you get with a 700 credit score?

In general, borrowers with a score of 700 to 759, which mortgage lenders consider “prime,” will have an interest rate only 0.25 percentage points higher than borrowers with a score of 760 or higher — which lenders generally consider “super prime.”

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