Oct 14, 2026 Since September 2026, every lender that sells loans to Fannie Mae and Freddie Mac can choose VantageScore 4.0 instead of the Classic FICO scores (FICO 2, 4 and 5) that mortgages have used for about 20 years. Both models now share one pricing chart, so a 680 is priced as a 680 […]
Tag Archives: VantageScore 4.0. Loan Originators
Credit Optimization, Credit Repair Blogs, Credit Score, Mortgage
The Mortgage Credit Score Shake-Up: What Every Loan Officer Needs to Know About VantageScore 4.0
14
Oct
Oct
A new credit-scoring option is changing the mortgage industry. For loan officers, it could mean more opportunities to qualify borrowers, improve loan options, and turn previously challenging files into successful closings. For decades, mortgage professionals have relied on traditional FICO scoring models to evaluate borrowers seeking conventional home loans. But the mortgage industry is undergoing […]
30
Aug
Aug
Here is a fantastic podcast on the implementation of VantageScore 4.0 to the Mortgage Industry. More importantly this podcast explains the “why” and the benefits of making this happen. If you are in the Mortgage Industry, it’s a great listen and is only around 13 minutes long. Listen to Tony Hutchinson, VP of Industry and […]
01
Aug
Aug
Last week the Community Home Lenders of America (CHLA) penned a letter to the Federal Housing Finance Agency (FHFA) stating that the pending addition of updated Credit Scores at Fannie Mae and Freddie Mac could be more manageable if done one at a time. Specifically, they stated the need to add VantageScore first. This is […]