Maintaining 720+ Credit Score for 5-10 Fannie Mae

[Kelvin K.]

As most of you know, one of the Fannie Mae requirements for financing properties 5 to 10 is that you need a credit score of at least 720.

The trouble I am running into, is that the more properties I purchase the lower more score becomes, due to the amount of new fiananced properties.

I have seen my score drop from the high 700s, to a level that is just over 730. In reviewing my credit report, the main reason is that all of the new rental property loans are contributing to a higher overall balance for my revolving credit.

Some points:
- No late payments
- Only 2 credit cards, with revolving credit and less than 30% used
- No other debt besides the 2 credit cards, primary residence loan and 1-4 investment properties.

How do you seasoned investors maintain a score higher than 720 and continue to conventionally finance properties?