The credit score requirements for conventional loans can vary depending on the lender and the specific loan program. However, there are general guidelines that most lenders follow.<\/p>\n

<\/span>Minimum Credit Score<\/strong><\/span><\/h3>\n

Generally, most lenders require a minimum credit score of 620 for a conventional loan. This is often referred to as the “baseline” credit score requirement. However, it’s important to note that a higher credit score may be necessary to qualify for the best interest rates and loan terms.<\/p>\n

<\/span>Credit Score Tiers<\/strong><\/span><\/h3>\n

Lenders typically categorize credit scores into different tiers, each with its own set of requirements and implications. Here’s a general breakdown of credit score tiers for conventional loans:<\/p>