20-26

Update to Government Transactions Minimum Credit Score Requirement for Purchase Transactions

Homebridge is updating the minimum credit score requirement for government program purchase transactions.  The new minimum credit score for FHA, VA, and USDA purchase transactions is 620 when the transaction meets specific requirements as detailed below.

Transactions with a 620-639 Credit Score

  • Purchase transactions only; refinance transactions ineligible
  • An “Approve/Eligible