Real Estate, Mortgage, Credit, and Computer Forum - Message Board

This month 1 of my lenders raised their minimum credit score requirement to a 660. At first I thought this would be a 1 off situation where a lender had a limited credit line for funding loans. That they were just playing it safe and changing their business model so they could offset loss.

Yesterday one of my major lenders issued a memo stating the same.

Complete Story: Mortgage Lenders Raising Credit Score Requirements? 620 Now and 660 Soon?