Minimum Credit Score: 640 *For FHA Loans with a FICO below 660, 1-month reserves and 6-months current employment history required. See U.S. Bank SEL-202026: Updated Credit Overlays for FHA. With regard to non-traditional credit, please refer to U.S. Bank Bulletin 20157. If a trimerged credit report is used, the middle score must be 640, or higher. If your internal requirements dictate a higher minimum credit score, you must adhere to your lending guidelines. Contact US Bank HFA Division with any questions regarding acceptable AUS, 800-562-5165. Please note that as of January 2020, U.S. Bank limits the number of allowable loans with credit scores under 660. The HFA has sufficient allocation to permit loans with credit scores between 640 and 660 at this time; however, it may be necessary at a later date to advise lenders that the minimum FICO score must be revised to 660.