Finding the perfect listing when you're house-hunting can quickly turn from thrilling to daunting the second you start thinking about getting a mortgage to pay for it. Qualifying for a home loan is ...
If you’re preparing to buy a home, you probably know that one of the most important criteria that lenders will consider is your credit score. But are the credit scores they look at the same ones that ...
Your credit score does more than help determine whether you qualify for a mortgage. It also impacts your interest rate. The higher your credit score, the better your mortgage rate. Those with scores ...
A top housing finance regulator announced that Fannie Mae and Freddie Mac would allow lenders to use the traditional FICO score or one from a rival, VantageScore. By Ann Carrns Your credit score helps ...
Starting Nov. 15, Fannie Mae is eliminating its 620 minimum middle credit score requirement for purchase and refinance home loan credit decisions. Fannie is following Freddie Mac’s lead from several ...
Here are the best lenders that offer loan options for first-time homebuyers in May 2025. Benefit from low down payments, grants, and flexible credit requirements.
Fannie Mae has announced it will be scrapping the minimum credit score requirement of 620 for loans submitted through its Desktop Underwriter engine. The change comes into effect this weekend and ...
Your credit score helps determine if you’ll qualify for a loan and what interest rate you’ll get. For mortgages, which are the biggest loans most people will take out, the score can translate to ...