Different countries have different measurements for credit scores, so the specific rating you’ll need will depend on the country you’re looking to buy property in. In the United States, for instance, most lenders look for a credit score of at least 620 for conventional loans. However, government-backed loans, like FHA, may have lower requirements (often around 580).
High scores generally lead to better interest rates and terms. If your score falls below these benchmarks, make sure you improve it before applying so you can increase your options and save more money.
