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 Search for: Does fannie have a Minimum score.
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gsgroupinc

2035 Posts

Posted - 05/20/2008 :  07:21:31 AM
Have a borrower with low score and LTV of 75
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davidfr

1172 Posts

Posted - 05/20/2008 :  07:28:41 AM
They don't now and you should be fine if you are 80% or under. However, you will not be able to get MI if over 80%. Fannie mae will be going to a minimum 580 score pretty soon- I believe it is July 1st, but somebody may correct me on that.
kenvphan

452 Posts

Posted - 05/20/2008 :  11:06:46 AM
They just increased it to 580
michellec

150 Posts

Posted - 05/20/2008 :  11:10:09 AM
How low is the credit score?
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