Freddie Mac Eases Refi Requirements

Freddie Mac has made it easier for borrower to refinance their mortgages by eliminating the minimum credit score requirement—provided they have at least 20% equity in their property.

  • 06 Jan 2012

Freddie Mac has made it easier for borrower to refinance their mortgages by eliminating the minimum credit score requirement—provided they have at least 20% equity in their property. In the past, the government-sponsored enterprise required a minimum credit score of 620 to qualify for high-equity financing.

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