What is the minimum credit score required for a PennyMac loan?
Asked a year ago
The minimum credit score required for a PennyMac loan is typically 620. However, it is important to note that credit score requirements may vary for different loan programs and products. In certain cases, eligibility for a loan may also be determined by other factors such as income, down payment, and employment history. PennyMac Loan Services aims to help borrowers with various credit profiles achieve their homeownership goals. It is recommended to contact PennyMac directly or apply online to determine the specific credit score requirements for the desired loan program.
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