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Browse by Credit Score
600 →
580 is the minimum score for an FHA loan with 3.5% down. Conventional loans are not available at this score. Rates will be high but homeownership is possible.
Our Top Picks for 580 Credit Score
Best FHA Lender
Rocket Mortgage
APR Range7.50% – 9.50%
Min. Credit Score580 (FHA)
Why we recommend it: Rocket Mortgage is the largest FHA lender in the US and has a streamlined online process for 580 borrowers.
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Best Online Process
Better.com
APR Range7.75% – 9.25%
Min. Credit Score580 (FHA)
Why we recommend it: Better.com's fully digital process makes FHA applications fast and transparent for 580 borrowers.
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Compare Multiple Lenders
LendingTree
APR Range7.50% – 9.50%
Min. Credit Score580
Why we recommend it: LendingTree lets you compare FHA loan offers from multiple lenders simultaneously to find the best rate.
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Frequently Asked Questions
What is the minimum credit score for a mortgage?
The FHA program allows scores as low as 500 (with 10% down) or 580 (with 3.5% down). Conventional loans typically require 620+. VA loans have no minimum but lenders usually require 580+.
Can I get a conventional mortgage with a 580 credit score?
No — conventional loans require a minimum 620 credit score. At 580, your only option is an FHA loan, which requires mortgage insurance (MIP) for the life of the loan.
What is the mortgage rate for a 580 credit score?
FHA mortgage rates for 580 borrowers typically run 1–2% higher than the best available rates. Expect 7.5–9.5% in the current rate environment.