Your credit score doesn't just determine "yes" or "no"; it determines your . Credit Score Impact on Your Loan 740 - 850
620 minimum. These are the most common for condos but often require the condo project to be "warrantable" (meeting specific financial health standards). credit score needed to buy a condo
580 with a 3.5% down payment; 500–579 with a 10% down payment. FHA loans are great for first-time buyers, but the condo building itself must be FHA-approved. Your credit score doesn't just determine "yes" or
This will tell you exactly what your "mortgage middle score" is before you start falling in love with units. Are you a first-time homebuyer ? What city or state are you looking to buy in? 580 with a 3
Very strong rates; unlikely to face hurdles in the approval process. 620 - 699
700–720+ . Used for high-priced luxury condos that exceed standard lending limits. 📉 How Your Score Impacts Your Costs
You qualify for the lowest possible interest rates and lower private mortgage insurance (PMI) premiums. 700 - 739