I get asked this question all the time. Most lenders require a 640 credit score, others 620 and others 580. We also do business with two lenders that do not require a credit score at all, as long as we can prove three alternative items that the individual is paying on a regular basis. Besides 3.5 percent down, these lenders will require four to six months in reserves. Alternative credit can be, utility bills, cell phone bills, debit cards and car insurance. You would be amazed, in this day and age how many folks there are with no credit scores at all. They pay for everything in cash. They come from, if I don’t have the money, I don’t buy it.