BREAKING: No More Minimum Credit Score for Homebuyers? (Fannie Mae Update)
Автор: Ryan Does Loans
Загружено: 2025-11-14
Просмотров: 180
BREAKING MORTGAGE NEWS: Fannie Mae just announced that they are removing the minimum 620 credit score requirement from their automated underwriting system, Desktop Underwriter (DU). But does this actually make it easier for buyers with low credit scores to qualify for a conventional mortgage?
In this video, I break down:
What Fannie Mae and Freddie Mac actually are (in simple terms)
What this rule change really means for homebuyers
Why DU approval is still the key factor
The truth about low-credit conventional loans
Why FHA may still be the better option for lower credit borrowers
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