Can I Get a Mortgage With a 600 Credit Score?

A 600 credit score isn’t a dealbreaker for homeownership, but it does narrow your options and generally affects your pricing compared to a stronger credit profile.

What’s Realistic at a 600 Credit Score

FHA loans are typically the most accessible option at this credit range, since FHA guidelines are generally more flexible around lower credit scores than conventional loan guidelines. Some conventional loan programs may still be possible depending on the specific lender and the rest of your financial profile, but FHA is usually the more straightforward path at this score range.

What to Expect on Rate and Terms

Credit score is one of the primary factors lenders use to price a mortgage, so a 600 score will generally result in a higher rate than a borrower with a significantly stronger score would receive, all else being equal. Down payment requirements and mortgage insurance costs can also be affected by your credit profile, depending on the specific loan program.

Other Factors That Matter Alongside Credit Score

Credit score is important, but it’s not the only thing underwriting looks at. Your debt-to-income ratio, employment and income history, cash reserves, and the specifics of the property all factor into whether you qualify and on what terms. A 600 score paired with strong income and low debt can look quite different, underwriting-wise, than a 600 score paired with high existing debt.

Improving Your Position Before Applying

If you have some flexibility on timing, working to improve your credit score before applying — paying down revolving balances, resolving any collections, and avoiding new credit inquiries — can open up more loan options and potentially better pricing. A loan officer can review your specific credit report and outline what would move the needle most for your situation.

Frequently Asked

Can I get a mortgage with a 600 credit score?

In many cases, yes — a 600 credit score can qualify for certain loan programs, particularly FHA loans, though options, down payment requirements, and pricing are generally more limited than with a stronger credit score.

Can I get an FHA loan with bad credit?

FHA loans are generally more accessible to borrowers with lower credit scores than conventional loans, though specific minimum score requirements and down payment expectations still apply and can vary by lender.

Will my rate be higher with a 600 credit score?

Generally yes — credit score is one of the primary factors in mortgage pricing, and a lower score typically means a higher rate compared to a borrower with excellent credit, all else being equal.

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