Wells Fargo Lowers the Bar on Jumbo Mortgages

In late July, the San Francisco-based bank lowered the minimum credit score on these fixed-rate jumbo mortgages to 700 from 720, Goyda said. Credit scores range from 300 to 850, and levels below"The purchase market is softer than we thought that it would be."
640 are often considered subprime.

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Neal Paskvan is a full time Realtor specializing in Downers grove, Darien,Woodridge, Westmont and Du page county Real Estate