FHA is Increasing Lending to Riskier Borrowers
HousingWire, June 7, 2019–Ben Lane
According to the FHA’s quarterly report for its fiscal second quarter, the average credit score for an FHA borrower fell to 665 in the second quarter. That’s the lowest level since 2008, and is “well below” the FHA lending peak credit score of 703, which happened in 2011.
