What is the minimum credit score requirement for a USDA Loan?

640 mid score-I can answer any questions you have regarding USDA

We offer USDA financing down to a 620.

Many lenders have their own minimum credit score overlays, anything below a 580 will be difficult to obtain financing.

USDA itself has no minimum credit score, however, most lenders do. Ours is 640. Keep in mind two things:(1) even if there was no minimum credit score that does not automatically qualify anyone's credit as being acceptable. Often the reasons one has a low credit score are the same ones that may disqualify that person from a program. I am always happy to review credit and suggest solutions for anyone.(2) USDA is notorious for running out of money and needing to get congress to re-allocate funds. Your lender will check fund availability for you but keep in mind being pre-approved does NOT guarantee fund availability.I hope that this helps. Please let me know of any questions!TomThomas J. Stevens, Loan Officer, Flagstar BankFinancing in 50 statesThomas.Stevens@Flagstar.com 781-862-0585 x223

Hello,The RD program doesnt have a minimum, but most banks and lenders require a 620 or higher fico score. I do have a source that goes down to 580, but the underwriting is much tougher.What is your situation?Thanks,Roger