Regular Contributor
VAloanguy
Posts: 188
Registered: ‎05-26-2010
Re: Score dropped 20 points while in Underwriting

We submit loans to Wells Fargo a lot. As long as the change in the score was not due to any new derogatories, you will be fine. Some lenders submit their own cr to Wells, and then Wells will pull their own, resulting in a lower score. As long as the history is the same on the two reports, they are fine.

 

Your LO should be able to confirm this.

 

Good luck and Thanks for Serving.