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Big credit-policy news is shaking up the mortgage world. In this episode of the Coldwell Banker Chesapeake Real Estate Market Report, we unpack what Fannie Mae’s removal of the long-standing 620 credit-score requirement really means for buyers, homeowners, and lenders.
Our experts explore:
✅ How this rule change could expand access to homeownership
✅ Potential effects on loan approvals and rates
✅ What buyers and sellers on the Eastern Shore should expect next
By Big credit-policy news is shaking up the mortgage world. In this episode of the Coldwell Banker Chesapeake Real Estate Market Report, we unpack what Fannie Mae’s removal of the long-standing 620 credit-score requirement really means for buyers, homeowners, and lenders.
Our experts explore:
✅ How this rule change could expand access to homeownership
✅ Potential effects on loan approvals and rates
✅ What buyers and sellers on the Eastern Shore should expect next