As of 2025, the average FICO credit score in the U.S. hovers around 715, but millions of Americans still sit below that mark, and many in the 600 range wonder: Can I get a mortgage with this score?
The answer is yes—but with conditions. A 600 credit score for a mortgage is considered “fair” by most lenders, and while it’s not ideal, it doesn’t shut the door on homeownership. In today’s evolving housing market, more flexible loan programs and innovative financing options have emerged, making homeownership more accessible for buyers with moderate credit.
What Does a 600 Credit Score Mean in 2025?
In 2025, credit scoring models will become slightly more lenient due to economic shifts and the increased importance of alternative data (like rent and utility payments). A 600 credit score is still considered fair, but it signals to lenders that you’ve had past credit challenges—perhaps due to missed payments, high credit utilization, or limited credit history.
However, many lenders are more understanding now, especially if your recent payment history shows improvement. With the right documentation and steady income, you can still be a strong candidate for a home loan.
Can You Qualify for a Mortgage with a 600 Score?
Yes, you can get a mortgage with a 600 credit score—but you’ll likely need to meet stricter financial criteria such as:
- A higher down payment (often 10% or more)
- Proof of stable income
- A low debt-to-income (DTI) ratio
- Possibly private mortgage insurance (PMI)
Some lenders even offer special programs for buyers with credit scores as low as 580—especially FHA loans backed by the government.
Best Mortgage Options for 600 Credit Score Buyers
Here are the most common mortgage options in 2025 for credit scores around 600:
| Loan Type | Minimum Score | Down Payment | Notes |
| FHA Loan | 580 | 3.5% | Most flexible, government-backed |
| VA Loan | No official minimum | 0% | For veterans/military, lenient on credit |
| USDA Loan | 640 preferred | 0% | For rural buyers, income limits apply |
| Non-QM Loans | Varies | 10-20% | For self-employed or unique financial profiles |
Amazing Investments Florida has helped dozens of clients secure FHA and Non-QM loans—even with scores in the 580-620 range—by partnering with experienced mortgage brokers who understand how to work with flexible lending guidelines.
What Interest Rates to Expect?
With a 600 credit score, expect to pay a higher interest rate compared to someone with a 750+ score. In 2025, average mortgage rates range from:
- 25% – 6.75% for fair-credit borrowers
- 00%+ for those with recent delinquencies or limited credit
A higher interest rate affects your monthly payment and how much home you can afford. However, you can often refinance to a lower rate after improving your credit.
Tips to Improve Approval Odds
To boost your chances of getting approved:
- Lower your DTI: Pay down credit cards and loans
- Save a bigger down payment: 10-20% impresses lenders
- Add a co-signer: A partner with better credit can help
- Provide documentation: Tax returns, pay stubs, and bank statements help prove financial stability
- Check your report: Dispute any errors that could be dragging your score down
Alternatives Like Lease-to-Own Homes
Not quite ready for a mortgage?
Lease-to-own homes have surged in popularity in Florida and nationwide in 2025. These allow you to rent a property with the option to purchase later, giving you time to build your credit and save for a down payment. Amazing Investments Florida offers lease-to-own solutions that help transition renters into homeowners over time, making the dream of owning a home achievable even for those starting with credit challenges.
How Amazing Investments Florida Can Help?
A 600 credit score doesn’t have to stand between you and homeownership. Thanks to government-backed loans, credit-flexible lenders, and creative programs like lease-to-own, your path to owning a home in Florida is still open.
At Amazing Investments Florida, we specialize in helping aspiring homeowners with fair credit. Whether you’re looking for a mortgage, a lease-to-own opportunity, or guidance on improving your credit profile, our team is ready to help you move forward confidently.
So, let’s turn your dream of homeownership into reality. Contact us today to learn more about our lease-to-own homes and personalized mortgage assistance programs.
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