May 25, 2026 • 5 min read
If you're looking to buy a home in Florida, your credit score is one of the most important factors in getting approved — and getting a good interest rate. Here's what you need to know for the Florida housing market in 2026.
FHA Loan: 500 with 10% down • 580 with 3.5% down
Conventional Loan: 620 minimum • 660-740 for best rates
VA Loan: No official minimum, most lenders require 620
USDA Loan: 640 minimum for automated approval
FHA 203(k) Renovation: 500+ with 10% down
Florida's housing market is competitive. With median home prices in cities like Miami ($520K), Orlando ($385K), and Tampa ($370K), a 30-50 point difference in your credit score can mean tens of thousands of dollars in additional interest over the life of your loan. For a $350,000 mortgage, going from a 620 to a 740 score can save you $300-$500 per month.
At Untapped FS, we use AI to scan all 3 bureaus in minutes — identifying every error that's holding your score down. A human specialist reviews every finding and builds a strategy specifically for your home buying timeline.
Florida offers down payment assistance programs through the Florida Housing Finance Corporation (Florida Housing). These programs have their own credit requirements, and improving your score by even 30 points can unlock better terms.
Most credit improvements take 60-90 days to show up on your reports. If you're planning to buy in the next 6 months, start the credit repair process now.