FHA Appraisers Baton Rouge

http://batonrougerealestateappraisers.net/ – Fannie Mae Tightens Greater Baton Rouge Underwriting Criteria According to the Louisiana Realtors eNews Digest, Fannie Mae is tightening underwriting guidelines. The Fannie Mae Tightens article is here ! Here’s a snippet: “ Fannie Mae is tightening its underwriting criteria by raising the minimum credit score for automated underwriting (Desktop Underwriter) from 580 to at least 620 for all loans, justified on the grounds that this action “will support prudent risk management and better ensure sustainable homeownership.” Even higher minimum credit scores may apply for both manual and automated underwriting, depending on factors such as the loan-to-value ratio and the number of units in the structure

More here:
Fannie Mae Tightens Greater Baton Rouge Underwriting Criteria