Fha Loan Credit Score 500 | Finance And Insurance – Those with credit scores of 500 or better are eligible for 100% FHA loan financing with no down payment required when using the FHA 203(h), Mortgage . If your credit score is below 580, however, you aren’t necessarily excluded from fha loan eligibility. applicants with lower credit scores will have to put down a .
Your guide to FHA loans – People with credit scores under 500 generally are ineligible for FHA loans. Minimum down payment is 3.5 percent. For most borrowers, the FHA requires a down payment of just 3.5 percent of the purchase.