 TITLE: Can I Buy a House With a 700 Credit Score? CONTENT: What Credit Score Do You Need to Buy a House?\n---------------------------------------------\nThe minimum credit score required for a mortgage loan can vary based on the type of loan and the lender offering it. That said, here's a general idea of what you can expect with different types of mortgage loans:\n*   **Conventional loans**: The most popular loan type typically comes with a 620 minimum credit score.\n*   **Jumbo loans**: These loans exceed the maximum amount for conforming loans, jumbo loans typically have a higher credit score requirement at 680 or above.\n*   **Federal Housing Administration (FHA) loans**: With a 3.5% down payment, homebuyers may be able to get an FHA loan with a 580 credit score or higher. If you can manage a 10% down payment, though, that minimum goes as low as 500.\n*   **U.S. Department of Veterans Affairs (VA) loans**: VA loans don't technically have a minimum credit score, but lenders will typically require between 580 and 620.\n*   **U.S. Department of Agriculture (USDA) loans**: In general, lenders require a minimum credit score of 640 for a USDA loan, though some may go as low as 580.\nRemember, though, that while meeting the minimum credit score requirement is crucial, it doesn't guarantee that you'll be approved for a mortgage loan. Lenders review several aspects of your financial situation to determine whether you qualify for a loan and what your interest rate will be. END