What’s the needed credit rating for FHA loans in 2020? The Federal Housing management (FHA) calls for a credit history of at the least 500 to get a true house or apartment by having an FHA loan. Your advance payment quantity plays a job too. FHA credit rating minimums and advance payment needs: Credit history advance payment requirement 580 or above 3.5% 500-579 10% Below 500 Not eligible regardless of advance payment Remember.. Read More