Am I Eligible To Buy A House -

Lenders use your DTI to ensure your monthly debt payments (including your new mortgage) aren't too high compared to your gross monthly income. Credit score rules are changing for mortgages in 2026

To determine your eligibility to buy a house in 2026, you must evaluate four primary financial pillars: , debt-to-income (DTI) ratio , stable income , and cash for a down payment . Recent policy changes have made some of these criteria more flexible than in previous years. 1. Credit Score Thresholds am i eligible to buy a house

: You can qualify with a score as low as 580 with a 3.5% down payment. Some lenders may even accept scores down to 500 if you can provide a 10% down payment. Lenders use your DTI to ensure your monthly