My office right up from you in Mendota Heights, so I am can sit down with you and answer any and all questions you may have. WIth a question such as you have posed it comes down to what are you looking to do with how much down. As Elizabeth wisely pointed out 620 is about the minimum score at least until the FHA upgrades the needed credit score to 640. Please feel free to contact me to go into specifics for your situation.
Get pre-approved, save a lot of disapointments. Credit issues are more the norm, the stigma went away.
I just saw a big name Realtor's house go into foreclosure on Lake Minnetonka. Make sure you buy very smart. If you are going to buy a TH or Condo, plan on staying 5 years or more.
FHA has no Score rule, but the unspoker Middle credit score is 620 for FHA. Remember that there are 3 credit scores.
Conventional Mortgage is higher because the Mortgage Insurance Companies do not approved them at lowers scores.