While lenders often prefer a 640 score for automated approval, manual underwriting is possible for lower scores. :
Buying your first home with bad credit is entirely achievable, though it requires strategic planning and specific loan programs designed for "subprime" or "fair" credit profiles. As of 2026, several government-backed and specialized programs make homeownership accessible for first-time buyers even with scores as low as 500. High-Potential Loan Options for Bad Credit how can i buy my first home with bad credit
When your credit score isn't ideal, traditional conventional loans (which typically prefer scores above 620) may be out of reach. Instead, consider these alternatives: : While lenders often prefer a 640 score for