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Are lenders using the new FICO 9 or stil using the older versions for mortgage scores?

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JMMD
Frequent Contributor

Are lenders using the new FICO 9 or stil using the older versions for mortgage scores?

I just pulled my husband's scores and realize there is a new FICO 9 score avaialble. Our mid 9 score is 617 and we need a 620. The older versions has our mid score at 634. So quite a difference. What can I expect?

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Message 1 of 4
3 REPLIES 3
dragontears
Senior Contributor

Re: Are lenders using the new FICO 9 or stil using the older versions for mortgage scores?

to the best of my knowledge no lender uses FICO 9 for mortgage they use 04/05 versions

Message 2 of 4
JMMD
Frequent Contributor

Re: Are lenders using the new FICO 9 or stil using the older versions for mortgage scores?


@dragontears wrote:

to the best of my knowledge no lender uses FICO 9 for mortgage they use 04/05 versions


Thanks! 

Message 3 of 4
iv
Valued Contributor

Re: Are lenders using the new FICO 9 or stil using the older versions for mortgage scores?

Mortgages are still using EX2/EQ5/TU4.

EQ8:850 TU8:850 EX8:850
EQ9:847 TU9:847 EX9:839
EQ5:797 TU4:807 EX2:813 - 2021-06-06
Message 4 of 4
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