Austin Tx Mortgage Refi News | Fannie Mae Tightens Loan Criteria for Credit Scores
Austin Tx Mortgage Refinance : People simply need better credit scores to get a low fixed rate mortgage today than a year ago. To get 97% financing one needs a 680 credit score whereas 6 months ago one simply need at 620.
This is a good article about Fannie Mae credit scoring system.
Fannie Mae’s Managing Director, Brian Faith, released [...]