Credit Score Requirements Going UP!
November 29, 2009 by Eleanor
Filed under FHA Mortgage Loans, VA Mortgage Loans
On December the 12th, Fannie Mae is changing it’s “Computer Program” to reflect a new minimum credit score requirement for mortgages of 620. This is SIGNIFICANT because VA Mortgage Loans, FHA Mortgage Loans and USDA Rural Development loan guidelines indicate that the Government will insure loans with scores substantially lower than this… however, if a [...]