11/14/2025
🤩 Good News for Homebuyers! 🥳
If you're dreaming of owning a home, you need to hear this update!
Starting November 16th, Fannie Mae (a major player in mortgages) is getting rid of the 620 minimum credit score rule for many loans.
What does this mean for YOU?
🏡 No More Automatic "No." Previously, a score under 620 could instantly stop your application. Now, your whole financial picture matters more than just that one number!
🏡Wider Access to Homes. This is huge for responsible buyers who may have a limited credit history or a score just below the old minimum.
🏡Consistency is Key. Fannie Mae will now look closer at things like your steady job, how much you have saved, and your overall debt.
This change opens the door to homeownership for many people who thought they weren't ready!
📞 Ready to see how this change helps you get the keys? Send me a DM or call me today, and let's find your dream home!
Chantee' Nesmith Realtor ®️
770-869-4133
Buy 🏡 Sell 🏡 Invest 🏡 Rent 🏡 Repeat 🔁
[email protected]
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CEO Property Advisors| eXp Realty