1. 540+ credit
2. 3.5% downpayment
3. less than 50% of your income going to pay debt.
A lot of what may determine what home you may qualify for when buying or renting a home depends on your credit score. Your credit score, also known as a FICO score is determined by combining a number of factors to determine how well you are able to pay back money you borrow. You can pull your own credit for free online at websites like creditkarma.com.
Below you will find a chart that shows how your credit is determined.