If you a 580 credit score you could qualify for an FHA loan with just a 3.5% down payment.
Having good scores will make the process of renting simpler.
A good credit score is considered to be 700 or higher.
However, if you have poor credit and believe your only option is to rent, you may be able to buy.
What credit score do you need to rent a house?
What credit score is needed to rent a house can differ from landlord to landlord, but you can expect the minimum to be somewhere between 600 and 620. Certain items may be deal breakers for property owners, however. These could include the following: Car repossessions.
What credit check do landlords look for?
Any landlord who reports a tenant’s payment history to a credit bureau, will show up on a credit check. Landlords can check a credit report to see if any money is owed to a previous landlord. A landlord can use rental history data to see where a tenant has lived and make inquires concerning those rental agreements.
Photo in the article by “Wikipedia”