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FHA loans: 580 with 3.5% down payment, 500 with 10% down payment VA loans: No minimum requirement, but generally 620 USDA loans: No minimum requirement, but generally 640
The current average interest rate for a 30-year fixed mortgage is 6.91% for purchase and 6.83% for refinance, down 12 basis points from 7.03% for purchase and 6.99% for refinance last Tuesday.
Loan type. Minimum credit score. Conventional loans. 620. FHA loans. 580 with 3.5% down payment, 500 with 10% down payment. VA loans. No minimum requirement, but generally 620
See today's average mortgage rates for a 30-year fixed mortgage, 15-year fixed, jumbo loans, refinance rates and more — including up-to-date rate news.
650 for conventional loans, 700 for jumbo loans, 620 for FHA loans. 3% for conventional loans, 3.5% for FHA loans, none for VA loans. 4.7. Veterans United Home Loans. 620 for conventional and VA loans
Rates on a 15-year mortgage stand at an average 6.18% for purchase and 6.21% for refinance, down 1 basis point from 6.19% for purchase and no change from 6.21% for refinance this time last week.
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