- March 26, 2022
Bank of America’s lending standards are pretty typical for a large bank. Borrowers will generally need a credit score of at least 620 to qualify for a conventional loan, though the threshold can be lower for government-backed loans like FHA and VA mortgages.
Bank of America doesn’t disclose a minimum required credit score to qualify for a mortgage. We’ve found that most lenders require a credit score of 620 or higher for conventional loans and FHA loans, meanwhile VA and USDA loans will often accept scores as low as 580.
The lender offers an education center...