Different loan programs set different bars. Conventional loans generally reward higher scores with better pricing, while FHA and VA loans are built with more flexibility for borrowers who have had some credit bumps. Some lenders now pull more than one score and use the strongest result, which can help borrowers whose reports vary between bureaus. That said, a lower score usually means a higher rate or added mortgage insurance, so the cost of imperfect credit is real even when approval is possible.

For buyers, the practical move is to check your reports early and fix what you can before applying. Pay down credit card balances, dispute genuine errors, and avoid opening new accounts or making big purchases on credit while you are in the process. Even a modest score improvement can change your pricing tier, which adds up over the life of a loan. I would also talk to a loan officer before you assume you are not ready, because a short plan can sometimes move you into range faster than you expect.

You do not need perfect credit to get a mortgage, but better credit generally means better terms. Knowing where you stand and what to improve is the fastest way to make a smart move.