Mortgage With JamalJamal Akber, NMLS #381770

Questions / When the file is not simple

What does FHA itself say about credit scores in the 500s and low 600s?

Written by Jamal Akber, NMLS #381770 Checked against the sources: November 12, 2026 All FHA loans

The short answer

FHA's own rules allow the lowest down payment at a score of 580 or higher, and limit a borrower with a score from 500 to 579 to 90% of the home's value, which means 10% down. Lenders may set higher minimums of their own. The rules are the same for every borrower.

The rule

FHA's score rule for a purchase
Deciding credit scoreWhat FHA allows
580 and aboveMaximum financing: a loan of up to 96.5% of the home's value, so at least 3.5% down.
500 to 579A loan of up to 90% of the home's value, so at least 10% down.
No credit scoreEligible for maximum financing, but the file must be reviewed manually.

The handbook passage read covers 500 and above. Confirm the wording for scores under 500 before publishing; article 1 states "not eligible".

Which score counts

Lenders pull scores from the three credit bureaus. FHA uses one "deciding" score for the whole loan:

  • Three different scores for a borrower: the middle one.
  • Two different scores: the lower one.
  • One score: that one.
  • More than one borrower: the lowest of the borrowers' scores.

Starting with loans assigned a case number on or after January 1, 2027, lenders may also use two newer score models, FICO 10T and VantageScore 4.0. HUD says the minimum scores stay the same.

What changes below 580

If the file is reviewed manually, a borrower under 580 is held to a house payment of no more than 31% of income and total debts of no more than 43%, with no exceptions. What manual underwriting means

FHA's rule and a lender's rule are different things

Many lenders set a minimum score above FHA's. If one lender says no because of your score, ask whether that is FHA's rule or the lender's own.

An example of the deciding score

Two people apply together.

  • Borrower A has scores of 598, 612 and 640. The middle one is 612.
  • Borrower B has two scores, 575 and 590. The lower one is 575.
  • The deciding score for the loan is the lower of the two borrowers: 575.

At 575, FHA's rule is 10% down. If Borrower A applied alone at 612, it would be 3.5% down, but only Borrower A's income would count.

What your score does not change

FHA's mortgage insurance rates do not depend on your credit score. They depend on the size of the loan, its length, and how much you put down. See the mortgage insurance table

FHA does not set your interest rate either. The lender does.

Jamal Akber

What I see in real files

Jamal's own words go here: two to four sentences on what he sees in real files like this. Claude does not write this part.

Questions people ask next

Is there a minimum score for FHA?

FHA's score table starts at 500. Lenders can require more.

My spouse has a lower score. Does that matter?

If you are both on the loan, the lower borrower's score is the deciding one. If your spouse is not on the loan, see spouse debts in California.

Can I qualify with no score at all?

FHA allows it, with a manual review using other payment records such as rent and utilities.

Bring the situation as it is.

The rules above are the same for everyone. How they apply depends on your income, your credit and the home. That part is a conversation.

Talk it through with Jamal Calls (626) 523-3881. A conversation is not an application or an approval.
Private preview. Draft for Jamal's review. Yellow marks are things still to check or supply.