I have read on the forums that lenders are using your middle score, does that mean the lowest score doesn't need to fall above their minimums? I am looking to go with FHA but I can also go with Navy Federal Credit Union. My broker looks for a 640 minimum score. My scores are 600, 650, 640. I am still trying to get them up but one has been difficult. Will that 600 not be considered and they will just go with the 640 "middle score"?
Yeah my lowest scoring report is my EX, coming in at a 640 but my TU score was in the 680s but both reports are the same. Weird thing is that my TU is my highest scoring report but my EQ is my cleanest report.
TU tends to always be the highest, they each use a different algorithm that is why they are all different but if EQ is your cleanest and your middle score you should be fine.