FICO Score disparity(diff formulas used?)

[SSgtUSMC]

Hello to all!  Confusing question(for me at least)

I pulled my FICO scores on 12/25 and they were:

Equifax - 697

Transunion - 722

I then applied for for a mortgage and I received a "Disclosure of Credit Score Information which stated my scores were as follows:

Equifax Beacon - 697(matches the FICO score I pulled)

Experian - 684

Transunion - 682(this is 40 points less)

My question is why my Transunion score is 40 points less than the FICO score I pulled a day earlier.  I have read a couple of threads on here about different formulas being used but I am lost in the sauce.

As always, all help/guidance is greatly appreciated!

Semper Fidelis

[Jazzzy]

The TU FICO score that consumers can buy is the TU98. The one that most lenders use is the TU04.

Consumers can't buy the TU04. In most instances, I have seen borrowers report that the newer TU FICO score from their lender is lower than the older one that is available to us.

[SSgtUSMC]

Thanks for the reply!  I was just so confused over the huge disparity.  I even pulled my FICO score the following day to see if there was any difference and it was still at 720.

Semper Fi

[haulingthescoreup]

There are two formulas to determine a FICO TU score. Here on myFICO (and on transunioncs.com), you get the TU 98 score. Most lenders are now using the TU 04 score, which has a different scoring formula. We're all drumming our fingers, waiting for the change.