🏠 Which Mortgage Do I Qualify For?
Enter your credit score, income, and down payment. See instantly which loans you qualify for: Conventional, FHA, VA, USDA, or Jumbo. Max home price for each program.
⚡ Get matched with lenders for your loan type — 60 seconds
Get Pre-Approved Free →No SSN required • Soft credit pull • 300+ lenders
Your Financial Profile
580 = FHA min • 620 = Conv min • 740 = best rates
0% VA/USDA • 3.5% FHA • 3% Conv • 20% no PMI
FHA: 2 yrs • Conv: 4 yrs • VA: 2 yrs
Loan Type Comparison 2026
| Feature | Conv | FHA | VA | USDA |
|---|---|---|---|---|
| Min Credit | 620 | 580 | 580 | 640 |
| Min Down | 3% | 3.5% | 0% | 0% |
| Max DTI | 43-50% | 56.9% | 41% | 41% |
| PMI/MIP | Drops at 78% | Life of loan* | None | 0.35%/yr |
| Upfront Fee | None | 1.75% | 2.15% | 1.00% |
| Occupancy | Primary/2nd/Inv | Primary only | Primary only | Primary only |
| Best For | 620+ credit | Low credit/DTI | Veterans | Rural buyers |
*FHA MIP drops after 11 years if 10%+ down payment. Life of loan if less than 10% down.
Mortgage Qualification FAQ
What credit score do I need to buy a house in 2026?
FHA: 580 minimum (3.5% down) or 500 (10% down). Conventional: 620 minimum. VA: 580 minimum (lender overlay). USDA: 640 minimum. The higher your score, the better your rate. 740+ gets the best conventional rates.
→ Check which loans I qualify for →What DTI ratio do I need to qualify?
FHA allows up to 56.9% DTI with compensating factors. Conventional: 43-50% depending on lender and credit score. VA: 41% (can go higher with residual income). USDA: 41%. Lower DTI = easier approval and better rates.
→ Check which loans I qualify for →Can I buy a house with 3.5% down?
Yes! FHA requires just 3.5% down with a 580+ credit score. On a $400K home, that's $14,000 down. Some conventional programs offer 3% down (HomeReady, Home Possible) for 620+ credit and income limits.
→ Check which loans I qualify for →Can I get a mortgage with no down payment?
Yes — VA loans ($0 down for veterans) and USDA loans ($0 down for rural/suburban areas, income limits apply). Both have no PMI. VA has a 2.15% funding fee (can be financed). USDA has a 1% upfront guarantee fee.
→ Check which loans I qualify for →Can I qualify for a mortgage after bankruptcy?
FHA: 2 years after Chapter 7 discharge. Conventional: 4 years. VA: 2 years. USDA: 3 years. You must re-establish credit and have no late payments since discharge. Chapter 13: FHA/VA allow during repayment with court approval.
→ Check which loans I qualify for →