For rural and suburban homebuyers. These typically require a 640 score but offer $0 down payment options.

You may be restricted to certain types of homes or loan structures.

If a medical emergency or layoff caused the credit dip, a "letter of explanation" can sometimes help. ⚠️ The Cost of Bad Credit

The most popular choice. You can qualify with a 580 score for a 3.5% down payment, or as low as 500 with 10% down.