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Fannie Mae to require minimum credit score


jq26
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  • 2 weeks later...

We got a mortgage with a 535 (all medical collections) score last December, FHA 30 yr fixed at 6%. I think I read that FHA disregards medical collections, but don't quote me:wink:.

But, we sold our previous home for a nice sum, put down 20% on the new one and had never been late on the old mortgage for the entire time we had it.

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