Is there a subsciption version of the 3B that gives out the Mortgage scores?

[Anonymous]

I was looking at which product to buy and this message showed up:

"myFICO is temporarily down for maintenance"

Earlier in the day I was looking at a subscription service on myFICO. I'd be interested in watching the mortgage scores over the next few montths rather than paying $60 for a one time snapshot if that is an option. 

I don't see a subsctiption service linkedd in the stickied thread:  If we can't buy now, pulling a 1 time snapshot of our credit for $60 seems silly.  Are there any subscription options that include the mortgage scores?

http://ficoforums.myfico.com/t5/Mortgage-Loans/FICO-scores-used-for-mortgage-and-where-to-obtain-the...

$60 is enough that I'd be willing to pay for it once and use my discover card score to watch for changes until we have mortgage people really pull the report in a couple of months if we can't get a mortgage now.  I realize it won't be exact, but it should give us a good ballpark estimate before having mortgage professionals have hard inquires show up.  Bad plan?

[iheartwings]

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@Anonymous wrote:

I was looking at which product to buy and this message showed up:

"myFICO is temporarily down for maintenance"

Earlier in the day I was looking at a subscription service on myFICO. I'd be interested in watching the mortgage scores over the next few montths rather than paying $60 for a one time snapshot if that is an option. 

I don't see a subsctiption service linkedd in the stickied thread:  If we can't buy now, pulling a 1 time snapshot of our credit for $60 seems silly.  Are there any subscription options that include the mortgage scores?

http://ficoforums.myfico.com/t5/Mortgage-Loans/FICO-scores-used-for-mortgage-and-where-to-obtain-them/td-p/3817869

$60 is enough that I'd be willing to pay for it once and use my discover card score to watch for changes until we have mortgage people really pull the report in a couple of months if we can't get a mortgage now.  I realize it won't be exact, but it should give us a good ballpark estimate before having mortgage professionals have hard inquires show up.  Bad plan?

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The FICO Ultimate 3B gives you credit and identity theft monitoring for $29.95/month or $329/year. You will get updated FICO 8 scores when a CR has been updated (See  http://www.myfico.com/Images/FAQ_Alert-Matrix_2.png for triggers). As for mortgage scores, that comes quarterly along with your 3B report (and multiple other FICO scores).

http://www.myfico.com/Products/FICO-Ultimate-3B/

If you're planning on applying in less than 6 months, it probably makes more sense to buy the one time snapshot, as it would cost the same for 2 months of the subscription (and you'd only get mortgage scores once in that 2 months while subscribing). I got the subscription because I'm not going to apply for another couple of years, and I'm in a rebuilding phase.

[takeshi74]

Take a look at the Compre Our Products page.

http://www.myfico.com/Products/Products.aspx

3B monitoring only offers quarterly access to additional models as stated above.  1B offers monthly access to 9 models but I'm not sure which models and that's only for EQ.

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@Anonymous wrote:

I realize it won't be exact, but it should give us a good ballpark estimate before having mortgage professionals have hard inquires show up.  Bad plan?

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I wouldn't advise relying on a score generated by one model to determine a score generated by a different model.  You cannot assume that any two models have a fixed offset or trend the same way.  If your reports improve then, generally speaking, scores should improve.  If you want to rely on a TU FICO 8 then look at broad trends and don't fixate on specific scores or changes between two data points.  I'd advise focusing on the data in your reports instead.

The other problem with relying on a TU FICO 8 is that it's only generated based on your TU report data.  EQ and EX matter as well.  Your mortgage lender will use the mid score.

[Revelate]

The 1B models should be all the additional ones that you see on 3B, just for the one bureau.

@OP: it's not a terrible plan if you're watching for updates in some other service to just pull the one time when you've put your bow on your credit report and you're doing the final pre-flight check.

When I went through the process last year that's sort of what I did but I had updates and I know my credit report better than is rationally healthy for any individual to do so so I knew pretty much explicitly when I had gotten as much lipstick on my pig as I could.

[Anonymous]

Thanks for the answers.  

They had site maintance last night and I knew I would not have much time to compare the products this morning.  If the monitoring did not offer the mortgage scores in the quarterly report, it would not be useful to me.

Since I may be a few months away from getting a mortgage, I went with the subscription and am just wating for the reports to generate now.

[Revelate]

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@Anonymous wrote:

Thanks for the answers.  

They had site maintance last night and I knew I would not have much time to compare the products this morning.  If the monitoring did not offer the mortgage scores in the quarterly report, it would not be useful to me.

Since I may be a few months away from getting a mortgage, I went with the subscription and am just wating for the reports to generate now.

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You'll be fine with that plan; what the monitoring doesn't give is the tracking updates of the mortgage trifecta, but it does give a once a quarter full monty update which includes those scores as you noted.  Only issue there is you don't have rigid precise control of when the snapshots are happening for said mortgage scores, but given it takes on the order of 2 months to clean up a report just on the balance reporting side, every 3 months isn't a bad plan.