what does you credit score for FHA
An FHA loan has lenient credit score requirements. The minimum credit score required is 500, but your down payment must be at least 10%. If your credit score is over 580, then you can get an FHA loan with a down payment of 3.5%.As of 2015, there is at least one lender approving FHA loans for borrowers with scores down to 550, with an LTV maximum of 90%. For borrowers with sub-620 scores, the lenders have tougher requirements.ost FHA lenders require a minimum credit score of at least 620, even though the FHA allows borrowers with lower scores to qualify. If a lender turns you down, find out if it was due to you not meeting FHA requirements or the lender's requirements.