Diamondback Real Estate
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🏡 Big Mortgage Update: Fannie Mae Just Removed the Minimum Credit Score Requirement
For years, if your credit score was below 620, you couldn’t qualify for a conventional loan, no matter how strong your income, savings, or payment history were.
That just changed.
Starting November 15, Fannie Mae will no longer require a minimum credit score for loans run through their Desktop Underwriter (DU) system.
đź’ˇ What that really means:
You can now get your foot in the door. Even if your credit score is under 620 (or you don’t have one at all), you can still be considered for a conventional loan.
You’ll still pay a higher interest rate if your score is low, because lenders price loans based on risk, and that part hasn’t changed.
But before, you had no chance of being approved. Now, you at least have the option to qualify if the rest of your finances look good.
🧠Why this matters:
This opens doors for buyers who have solid jobs, steady income, and savings but maybe went through a tough period that hurt their credit. It doesn’t mean “bad credit = easy approval,” but it does mean more flexibility and fairness in how lenders look at your overall picture.
📣 If you were told you couldn’t qualify before, it might be worth taking another look.
⚠️ Disclaimer: We are not a mortgage lenders, and this post is for informational purposes only. If you have questions about how this change might affect you, talk to your lender for personalized advice.
Don’t have one? We work with a few great lenders we can connect you with. Just reach out and we’ll send you their info.
New Listing in Southwest Tucson!
6215 S Eagles Talon Parkway, 85757
- $410,000
- 2,265 Sq Ft
- 4 Beds
- 2 Baths
- 0.29 acres
- Owned Solar Panels
- 3 Zone Central AC
- Gourmet Kitchen w/ Double Wall Oven
- Built in 2016
This energy efficient Eagle Point Estates home sits on over a ÂĽ acre. Plus, upgrades everywhere you look including a large solar panel system. As you walk in the 8' front door, you enter into the foyer with 18'' tiles and 9' ceilings. The first thing that will catch your eye is the massive double-sliding doors in the living room opening to your huge backyard. In the backyard you will find a covered paver patio with roll down shades, palm trees, citrus trees, a fig tree, and a ton of room to make the backyard your own oasis. Off the living room is the gourmet kitchen featuring double wall ovens, gas cooktop stove, high-end 4 door fridge, granite countertops, staggered maple cabinets with crown molding, and a large island with seating. The home is also a split floorplan. On one side you have 3 secondary bedrooms, a hall bath, and two hall closets. On the other side through the double doors is the master bedroom and bathroom with double sinks, shower, and big walk-in closet. Brand new carpet in all bedrooms.
Give me a call or shoot me a text to set up a private tour. 520-345-4947
- Patrick
P.S. If you are curious what your home is worth, get your home's up to date value in seconds at www.DiamondbackHomeValue.com
This flexible floor plan has exactly what you are looking for! 🏡
- 3 bedrooms | 2.5 bathrooms
- 2,230 sqft
- 2 flex rooms
- Gourmet kitchen with top-of-the-line fridge, double oven, gas cooktop, premium white cabinets, quartz counters, and a custom backsplash
- Large living room with soaring vaulted ceilings
- Spacious master bedroom with tall ceilings and an en-suite bathroom
- And much more
đź“Ť9048 W Birchover Drive, Marana
- Patrick
P.S. If you have any questions about this listing (or other homes for sale here in the greater Tucson area), feel free to call (520) 345-4947.
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8567 N Silverbell Road Suite 201
Tucson, AZ
85743
