Monday, December 25, 2017

Lenders are loosening the reins; what FICO score do you need to get a mortgage?

FICOs drop for average buyer It looks like mortgage lenders are loosening their credit standards a bit. According to data from Ellie Mae, November saw the average buyer FICO score drop two points over October. FICOs also dropped on refinance loans across the board. Lower FICO score? No problem According to Ellie Mae’s November Origination […]

from Mortgage Rates, Mortgage News and Strategy : The Mortgage Reports http://ift.tt/2DKQIku

No comments:

Post a Comment