QUICK ANSWER — FHA credit score minimums: 580+ for 3.5% down payment, 500-579 for 10% down. Higher scores get better rates — a 760+ score saves approximately $200/month vs a 580 score on a $400K loan. FHA is the most credit-flexible government loan program available.
Reviewed by Vatche Saatdjian·Valley West Mortgage·NMLS #65506·790+ five-star reviews
FHA Credit Score Requirements
580+ gets you 3.5% down. 500+ gets you in the door. See how your credit score affects your FHA rate and payment.
Rates as of April 2026. Your actual rate depends on credit, loan amount, and property type.
FAQ
Questions? Answered.
Yes, but you need 10% down instead of 3.5%. Most lenders require 580+ for the standard FHA program. Valley West Mortgage works with borrowers at all credit levels and can advise on the best path forward.
Higher scores get lower rates. A 760+ score might get 5.500% while a 580 score might get 6.500%. On a $400K loan, that difference is roughly $250/month or $90,000 over 30 years.
Yes. Pay bills on time, reduce credit card balances below 30%, dispute errors, and avoid new accounts. Most improvements take 30-90 days. Valley West can review your credit and recommend specific steps.
No. Higher credit scores qualify for better rates and terms. Borrowers with 760+ scores get the best FHA rates available, though the advantage over conventional loans diminishes at higher scores.
The FHA sets minimums (500 with 10% down, 580 with 3.5% down), but individual lenders can set higher minimums. Valley West Mortgage follows FHA minimums and works with borrowers across the credit spectrum.