Loan options
Every loan,
side by side.
Minimum down payment and credit score for each program, as of September 2026. Open any program for what's included, who it fits and how the process runs.
Conventional The default choice for strong files — and the easiest to compare across lenders. For buyers with reliable income and a 620+ credit score Down payment from3% Credit score from620 FHA Backed by the Federal Housing Administration, with room for imperfect credit. For first-timers and borrowers repairing their credit Down payment from3.5% Credit score from580 VA No down payment, no monthly mortgage insurance — the best deal in lending. Zero down and no monthly mortgage insurance, the strongest value in lending, for veterans, active service members and surviving spouses Down payment from0% Credit score from580 Jumbo For coastal and high-balance purchases that outgrow conventional caps. For purchases above the county conforming limit Down payment from10% Credit score from700 Refinance Rate-and-term, cash-out and streamline paths, priced against your current loan. For owners cutting a rate, shortening a term or tapping equity Down payment fromN/A Credit score from620 Self-Employed 12 or 24 months of deposits instead of W-2s and tax returns. Qualify with 12 or 24 months of bank deposits rather than W-2s and tax returns, for business owners and freelancers Down payment from10% Credit score from640
Minimums shown are typical starting points. Programs shift over time; your officer will confirm which rules apply to you.