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Updated over 4 years ago,

User Stats

15
Posts
3
Votes
Victor Nkhoma
3
Votes |
15
Posts

FHA loan changes for first-time home buyers?

Victor Nkhoma
Posted

Spoke to a couple of lenders recently who mentioned FHA loan minimum credit requirement is now 640, not the 580 I initially heard. Possibly due to Covid-19 adjustments. Not sure. What have you guys heard or know anything?

Background story: A group of my friends (including me) are first-time home buyers looking to break into REI by means of House hacking.

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