McKinney TX Real Estate
Tuesday, February 24, 2009
Wanting to get a mortgage loan?
ALL FHA, VA, USDA, Conventional loans will now require a 620 fico score. Lenders who sell to Fannie and Freddie or any major servicer will now have this requirement effective immediately.
In order to get a home loan today and until further notice a 620 mid-score is required by ALL borrowers on the loan.