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Fannie Mae and Freddie Mac Cash-Out Transactions New Minimum Credit Score Requirement

Homebridge is implementing a minimum credit score requirement on Fannie Mae and Freddie Mac cash-out transactions effective with loans submitted to Homebridge on or after June 2, 2020.

A minimum 680 credit score will be required on all Fannie Mae and Freddie Mac cash-out transactions.

Pipeline Transactions

Pipeline loans that have been locked, including loans in “Application -Registered