How To Qualify For First Time Home Buyer Credit

5 minute read. The minimum credit score you need for a mortgage depends on the type of loan you get. But it also depends on the lender you’re using. In this article you will find the lowest score you need for each program and how to find lenders offering loans to buyers with the minimum scores.Mortgage Applications Decline 7.3% – The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA increased to 4.49% from 4.43%, with.