FAQ

There isn't one single minimum credit score — it depends on the loan type and your overall financial picture.

Conventional loans: Most lenders start at 620, with better rates and terms typically available at 680+.
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FHA loans: As low as 580 for 3.5% down (or 500–579 with 10% down in some cases).
VA loans: No strict government minimum, though most lenders look for 580–620+.
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Non-QM and specialized options (including first-lien HELOCs): More flexible — we can often work with lower scores when other factors (like equity, income stability, or reserves) are strong.

At OpenKey Mortgage Advisors, we shop multiple lenders so we can find the best fit for your score and situation. Even if your credit isn't perfect, let's talk — many clients qualify with creative solutions. Contact us for a personalized review.

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FAQ

"Highly recommended!"

What is the minimum credit score required to apply for a loan?

How long does it take to get loan approval?

What documents do I need to provide when applying for a loan?

Can I refinance my current loan through Loanly?

Are there any hidden fees associated with your services?

What types of loans does OpenKey Mortgage Advisors offer?

What is the difference between pre-qualification and pre-approval?

Do you offer loans for first-time homebuyers?

Get started today, our pre-approval made easy