| Loan type | Down payment minimum | Credit score minimum | Debt-to-income (DTI) ratio maximum |
|---|---|---|---|
| Conventional loan | 3% | 620 | 45% |
| FHA loan | 3.5% | 580* | 50% |
| VA loan | 0% | Usually 620 | 41% |
| USDA loan | 0% | Usually 640 | 41% |
| *can be 500 with a 10% down payment |
Add A Comment