Helpful Mortgage And Real Estate Advice

Tag: affordable housing

FHA Minimum Credit Score Declines by 60 Points

Ellie Mae’s third quarter mortgage loan origination insight report spoke too soon. FHA has now lowered its credit score requirement by 60 points. Making it even easier for eligible borrowers to qualify for an FHA-backed loan. Borrowers with scores of 580 or higher may be able to sign off on a mortgage loan closing now […]

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