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Chase Now Requires a 700 FICO and 20% Down to Get a New Mortgage

Following in the footsteps of many other mortgage lenders of late, JP Morgan Chase has upped its minimum requirements to get a home loan. Once again, it has to do with COVID-19, which has led to a flood of unemployment filings and a general fear that many homeowners will begin to default on their mortgages. [&hellip
Source: Mortgage