Update to the Fannie Mae and Freddie Mac Cash-Out Transactions Minimum Credit Score Requirement

Homebridge is pleased to announce the minimum credit score requirement of 660 for Fannie Mae and Freddie Mac cash-out transactions is being removed.

Effective immediately, Fannie Mae/Freddie Mac cash-out transactions may follow DU/LPA Findings regarding the credit score.

This enhancement applies to both new submissions and loans currently in the pipeline.

The Fannie Mae and Freddie Mac guidelines have been updated and posted on the Homebridge website at www.HomebridgeWholesale.com

If you have any questions, please contact your Account Executive