COVID-19 has caused more buyers to struggle to qualify for financing.
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How has the COVID-19 pandemic impacted the mortgage world? Today I’m joined by Haley Starks of Regions Mortgage to answer that question. Right now, most credit agencies are increasing credit score thresholds, particularly for FHA and RD loans. On the opposite end, many people are having issues securing jumbo loans. This means more and more potential buyers are struggling to qualify for financing. If you’re worried about qualifying, there are ways to keep your credit score high. To see our full interview, watch our latest video above.