The credit score needed depends on the type of loan you’re applying for. Conventional loans typically require a minimum score of 620. FHA loans offer more flexibility—allowing for scores as low as 580 with 3.5% down, or even 550 if you have 10% down.

Before starting the mortgage process, it’s a good idea to review your credit. You can obtain a free copy of your report once a year at AnnualCreditReport.com. Be sure to pay bills on time, keep balances low, and avoid opening new credit accounts just before applying for a mortgage.