Short answer
Minimums by program — and what actually gets you the best pricing.
FHA 580 (500 with 10% down), VA typically 580–620, USDA 640, conventional 620. Non-QM programs (DSCR, bank statement) often want 660+.
Common minimums
FHA 580 (500 with 10% down), VA typically 580–620, USDA 640, conventional 620. Non-QM programs (DSCR, bank statement) often want 660+.
Where pricing tiers break
On conventional loans, pricing improves at 680, 700, 720, 740, and 760.
Key takeaways
- 620/640/660/680/700/720/740/760 are common pricing breakpoints.
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Sources
Program rules change and individual lender overlays apply. Verify specifics with the agency or with a licensed NexGen Capital advisor before relying on them.
Reviewed by NexGen Capital Corp
Written and reviewed by the licensed mortgage team at NexGen Capital Corp, a Florida mortgage brokerage (NMLS #1766649). Verify our license on NMLS Consumer Access.
Last reviewed: 2026
This article is educational and is not a commitment to lend or an offer of credit. Speak with a licensed NexGen advisor about your own situation.