Fnma Credit Guidelines
Contents Chief credit officer Page. fannie mae selling guide launch Incur late fees Property insurance requirements Condominium building association Current guidelines allow a debt to income ratio up to 45%. Credit Score for Fannie Mae and Freddie Mac. Fannie /Freddie loans require a minimum FICO credit score of 620 to qualify, but the approval process for applicants with credit scores between 620 and 660 may take longer than higher scores. Additional Freddie requirements for Financial Mismanagement – but you may see this for Fannie too: Must re-establish credit 24 months…
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