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Updated over 4 years ago,
FHA loan changes for first-time home buyers?
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.