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Announcement 2020-067-Conventional Conforming Guideline Updates

The following changes are effective with all new locks or registrations on or after May 28, 2020. 

 

Conventional Conforming Agency Transactions

 

Primary Residence Cash-Out refinance transactions are now permitted with a 680 minimum credit score.

 

 

Please reference the NewRez Product Profiles located in the Lending Library or on NewRezWholesale.com for the changes outlined in this announcement.