What is the minimum credit score required to qualify for a mortgage?

The minimum credit score required to qualify for a mortgage with PHH Mortgage Solutions is typically 620. However, it is important to note that credit scores are not the sole determining factor in the mortgage approval process. Other factors such as employment history, income, debt-to-income ratio, and down payment amount also come into consideration. Meeting the minimum credit score requirement does not guarantee approval, and applicants with higher credit scores may have a better chance of securing more favorable loan terms. It is always advisable to consult with a mortgage professional who can review your specific financial situation and guide you through the application process.