Was told today that minimum FICO (credit) scores were increased from 620 to 640. Does not make sense to me…banks are using TARP money to invest in other revenue streams and buying up smaller banks. This will reduce the number of first time buyers that previously could have purchased a house.
Tom Crowe
Broker
- CRS: Certified Residential Specialist
- GRI: Graduate REALTOR® Institute
- 25 Years of Experience
Direct: 734-673-7421
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Company Info
Downriver Real Estate
Avg. Sales Price: $78,873
Avg. Days on Market: 81
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