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Updated over 6 years ago on . Most recent reply

Beau Fannon's profile image
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Beau Fannon
  • Real Estate Agent
  • from Austin, TX
  • Member since Jan 31, 2017
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Beau Fannon
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  • from Austin, TX
  • Member since Jan 31, 2017
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Beau Fannon
  • Real Estate Agent
  • Austin, TX
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Texas Real Estate Q&A Discussion Forum

Mortgage lenders are lowering credit requirements

Beau Fannon
  • Real Estate Agent
  • Austin, TX
Posted

https://www.bankrate.com/mortgages/fico-credit-sco...

This is for the real estate agents. What has been the biggest deterrent for home buyers in your recent experience? Is it the need for a higher down payment because of price appreciation? Or, the inability to get pre-qualified due to low credit scores?

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Thomas S.#2 General Landlording & Rental Properties Contributor
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Thomas S.#2 General Landlording & Rental Properties Contributor
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One more sign the economy is circling the drain. Looks like the lessons of the past did not teach them anything.

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