CONVENTIONAL Loans:

Borrowers typically need a credit score of 620 or higher

A down payment of at least 3%,

Debt-to-income ratio of 43% or lower.

FHA Loans:

are loans backed by the Federal Housing Administration 

Credit score of 580 or higher

A down payment of at least 3.5%

Debt-to-income ratio of 50% or lower.

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VA Loans:

are available to eligible veterans and require no down payment or mortgage insurance, but borrowers must meet specific service requirements.

USDA Loans:

are designed for low- to moderate-income borrowers in rural areas and require no down payment, but borrowers must meet income eligibility requirements.

Each loan type has its own unique requirements, so it's important to research and compare options to find the best fit for your situation.