Short answer
Yes, for loans run through its automated system. For new Desktop Underwriter (DU) loan files since November 16, 2025, Fannie Mae doesn't require a minimum credit score; DU weighs your whole credit picture instead. Manually underwritten loans still have minimums, and lenders can set their own.
What changed, and when?
Before the change, DU required a 620 score for one borrower, or an average median score of 620 with more than one borrower. Fannie Mae removed that requirement in a Selling Guide update in November 2025, for loan files created on or after November 16, 2025. Its guide now says a minimum credit score isn't required for DU loan files.
Does that mean anyone can qualify?
No. Lenders still pull your credit scores, DU still looks at your credit history, and your score still affects pricing and mortgage insurance. Many lenders also keep their own minimums, called overlays.
What about manually underwritten loans?
Fannie Mae still sets minimums for loans underwritten by hand: 620 for fixed-rate loans and 640 for adjustable-rate loans.
Do FHA, VA and USDA loans follow this change?
No. Those programs have their own credit rules, and each lender adds its own on top. Tom compares programs for your credit picture.
What should I do if my score is below 620?
Talk with Tom. The first conversation doesn't pull your credit, and he can tell you which programs and lenders may fit now, or what to work on first. The credit guide and the VantageScore 4.0 post explain how scores are used.
Sources
- Fannie Mae Selling Guide B3-5.1-01, General Requirements for Credit Scores (04/22/2026)
- Fannie Mae, Selling Guide Announcement SEL-2025-09 (November 2025)
Checked October 27, 2026. Rules and dates change, so confirm current details before you rely on them.
General information only, not tax or legal advice. Program availability, eligibility and terms vary by lender and are subject to change and to underwriting approval. Not a commitment to lend.