CreditEdge
Score More Homeowners with CreditEdge
Expanded credit score requirements mean more lending opportunities. For a limited time, eLEND is expanding eligibility on select FHA Cash-Out and conventional loans.
Two Ways to Put CreditEdge to Work
500
Expanded FHA Cash-Out eligibility gives you more opportunities to help homeowners access their equity. Subject to DU Approved/Eligible or LPA Risk Class Accept.
<620
More conventional borrowers may have an opportunity to qualify with an AUS Approve/Eligible finding.
Expanded Scores. Open More Doors.
Some of your next opportunities may already be sitting in your pipeline. CreditEdge gives you another reason to revisit borrowers who may have fallen outside traditional credit score requirements and see what’s possible with eLEND.
Eligible loans must be locked by December 31, 2026 to qualify.
FHA Cash-Out Refinance
- Minimum decision credit scores of 500–579 under the expanded eligibility tier.
- Cash-out refinances only
- Primary residences only
- AUS approval required (DU Approve/Eligible or LPA Accept); manual underwriting not eligible
- One-time close and renovation products excluded
- Not available for Correspondent Delegated transactions
Conventional Loans
- Credit scores below 620 under the expanded eligibility tier (subject to AUS approval)
- Purchase and refinance transactions eligible
- When mortgage insurance is required: minimum credit score of 600; purchase or rate/term refinance only; 1-unit properties, including multi-width manufactured homes
- Primary residences only
- AUS approval required (DU Approve/Eligible or LPA Accept); manual underwriting not eligible
- Not available for Correspondent Delegated transactions
Turn More Opportunities Into Business
Your next opportunity may already be in your pipeline. Take another look at scenarios that may not have worked before.
REVISIT
Look back at previously declined or referred borrowers.
RECONNECT
Talk with your real estate partners about borrowers in their pipelines.
RUN
Run eligible scenarios through AUS to identify potential CreditEdge opportunities.
LOCK
Lock qualifying loans by December 31, 2026 to take advantage of CreditEdge.
Frequently Asked Questions
What is CreditEdge?
CreditEdge is a limited-time eLEND lending incentive that expands credit score eligibility for select FHA Cash-Out refinance and conventional loan scenarios.
How low can the credit score go for FHA Cash-Out?
Under expanded eligibility, qualifying FHA cash-out scenarios may have credit scores as low as 500, subject to applicable requirements.
What conventional transactions are included?
Purchase and refinance transactions may be eligible with credit scores below 620, subject to AUS Approve/Eligible findings and applicable requirements.
When do eligible loans need to be locked?
Eligible loans must be locked by December 31, 2026. Loans locked by the deadline may fund afterward under normal program guidelines.
Revisit your pipeline and see where expanded credit eligibility could
open the door to more opportunities.
Limited-Time Incentive | Lock by December 31, 2026
For mortgage professionals only. Not intended for consumer distribution. American Financial Resources, LLC dba eLEND. NMLS #2826. Equal Housing Lender. Subject to borrower and credit approval. Not a commitment to lend. Loans must receive an AUS approval (DU Approve/Eligible or LPA Accept); manual underwriting not eligible. Primary residences only. FHA: cash-out refinances only, minimum decision credit score of 500–579; one-time close and renovation products excluded. Conventional: credit scores below 620; when mortgage insurance is required, minimum score of 600, purchase or rate/term refinance only, 1-unit properties. Not available for Correspondent Delegated transactions. Loans must be locked by December 31, 2026. Additional restrictions and program guidelines apply. Program terms subject to change without notice. www.nmlsconsumeraccess.org