If you’re interested in a turnkey investment property, you need to understand the financial obligations. Most loan programs require a FICO score of 620 or better to buy a home. Borrowers with higher credit scores represent less risk to the lender, often resulting in a lower down payment requirement and a better interest rate. Conversely, home shoppers with lower credit scores may need to bring more money to the table or accept a higher interest rate to offset the lender’s risk.