Mortgage lenders demand higher credit scores as the coronavirus threatens the housing market
“Credit requirements have gotten tighter across the board. Lenders are raising credit score requirements by 100 points,” says one expert.
A title agent wears protective gloves as she helps a couple sign mortgage documents in Columbus, Ohio. Lenders are raising their minimum credit score requirements fearing that high unemployment will translate into mortgage defaults and late payments down the road. (Adam Cairns/Columbus Dispatch/TNS)Read moreAdam Cairns / MCT
