560 Credit Score FHA Loan
A 560 reaches FHA with 10% down and is only 20 points from the 580 threshold. The cheaper loan is close.
By Onias Derilus, Mortgage Capital · NMLS# 1859012 · Last Updated: June 2026
A 560 credit score qualifies for FHA with 10% down, and you are now just 20 points short of the 580 line. At this distance, holding off a few weeks to cross into the 3.5%-down tier is usually the obvious call. We will look at your report and tell you whether 580 is a quick fix or already within reach on a fresh pull.
Almost at the 580 Line
Twenty points is often the difference a single corrected error or one paid-down card can make. Many 560 buyers are closer to 580 than their last score suggests, because reporting lags real behavior by a cycle.
FHA at 560 with 10% down is a fine backstop. But the gap to the 3.5%-down tier is now small enough that earning it first is the default recommendation unless you are racing a specific deadline.
| Factor | FHA at a 560 Score |
|---|---|
| Down Payment | 10% required |
| Distance to 3.5% Down | 20 points (to 580) |
| Often Fixed By | One paydown or corrected error |
| Smart Move | Re-pull after a cycle, then decide |
560 Score FHA Loan — FAQ
Yes, with 10% down. At only 20 points below 580, most 560 buyers are better off taking a short step up first to qualify for the 3.5% down payment, which saves thousands on the same home.
Often within a cycle or two. Twenty points is the kind of gap closed by paying down one card or correcting a reporting error, so it pays to re-pull your score after a focused month before deciding.
A FHA Loan With a 560 Score?
Get matched to the right Florida loan for your score · Licensed FL mortgage broker NMLS# 1859012
Rates are illustrative only. APR and payments vary by credit score, loan amount, and market conditions. Subject to credit approval. Not a commitment to lend. NMLS# 1859012. Equal Housing Lender.