Can I get a home loan with a 640 CIBIL score? Honest answer

The honest answer: yes, but not from HDFC, SBI, or most mainstream banks. They typically require CIBIL above 700. A 640 score puts you in the specialist lender category.

Home First Finance approves borrowers from CIBIL 600 onwards. Their underwriting is not automated — a field officer assesses your actual income and repayment capacity, not just your score.

What you should know: a 640 score usually means some past missed payments or defaults. Home First Finance will look at how recent these were and whether your current income is stable. Recent clean repayment history matters more than old defaults.

The biggest mistake borrowers make: applying to multiple banks after a rejection. Each application drops your score by 5–8 points. If you're at 640 now, three more applications could push you below 620 — making even Home First Finance difficult.