FHA and Subprime

The Office of the Comptroller of the Currency (OCC) Mortgage Metrics Report uses standardized definitions for three categories of mortgage creditworthiness: prime, Alt-A, and subprime. These are defined using ranges of FICO credit scores at the time of origination: prime is 660 and above; Alt-A is 620 to 659; and subprime is below 620.

According to FHA’s FY 2014 Q4 Report to Congress, the average FICO score of an FHA borrower through December 2014 was 679. Only 4% of all FHA borrowers have credit scores that are considered subprime (below 620).


Young Professionals Network

YPN helps young real estate practitioners become more business savvy through networking events, communications, and sharing tips and tricks.

Tax Reform

NAR seeks to assure that tax reforms support the goals of homeownership and freedom to buy, maintain and sell real estate.