Have credit requirements changed?

Depending on the program....yes. Check with your local lender and they should be able to provide any updates in that regard.

yes. With most lenders I'm working with they have added what we call "overlays" to their loan programs. Recently they started relaxing those to a certain degree but haven't completely gotten back to normal yet. Overlays are stricter guidelines for qualifying. If we have covid hit a 2nd time and are back to restrictions on that front, the lenders may add those back to the mix. Its directly associated with fear of employment numbers and people who are subject to layoffs, firing, etc.