@mtrsprt wrote:I guess I am lucky. We are closing on a home next month, and the scores my bank showed were all about 9-16 points higher than my current FICO scores. I do have a good standing mortgage from 9 years ago on my reports, so maybe banks do an enchanced calculation like auto lenders???
On a conventional mortgage they do not, nor do they on FHA to my knowledge. Jumbo, VA, USDA YMMV but I doubt it. Mortgage enhanced was introduced in FICO '08, doesn't exist in FICO '04 the GSE's and the vast majority of lenders use for mortgage underwriting.
If you've pulled the scores from here within the last month and small change, none of them are used on a typical mortgage tri-merge pull, and unfortunately there's not much correlation as to whether an individual will be up or down (even in some cases substantially).
Really at this point getting a realistic handle on where you are from a mortgage perspective, being a member of DCU, PSECU, or pulling the FICO score from Equifax directly are as good as it gets currently: I have an outside from left field hope that might change in a few months, but I'm not holding my breath depending on what FICO / Transunion decide to do with the current TU '98 score here.
I just pulled my FICO score from the Equifax site.... 651. Ordered from MyFICO....651. Same day. Not sure what the difference are, but if Equifax is using FICO 04, and MyFICO changed recently, they're still reporting the same 
@ranger2992 wrote:I caught the part when you talked about the 04 and 08 models. It makes sense, but at the same time does not. I know you don't work for myfico, but what the heck is the point of ordering from the "trusted" name in the world of FAKO scores. Pulling my score here, I would expect the info I see to be exactly the same as the info in an 04 report. Yes, the scores would be different, as they factor the score different. However, the information contained should be the same, as they are getting it from the CRAs. This was not the case. There are many things not listed on myfico that are listed on the tri pull.
Not trying to argue, and I am working on getting everything accurate on on reports. It is just a bitter pill to swallow to see such a wide range of different scores and information, and then lose a house because of it.
Couple of points: I'm beyond being simply fustruated at myFICO's having changed the Equifax score here from Beacon 5 to now Beacon 9: the moderators are just volunteers but we have slightly higher access in getting our points across in a private moderator forum and I railed bitterly at the FICO folks both for this and the impending Transunion change.
That said, and I hate to say this: even with the scores you got here a mortgage wasn't in the cards: the minimum floor I've seen for underwriting even an FHA loan is 620, unless you had access to a specific government program (rural USDA or what not) you were likely stuck and your wife wouldn't have qualified at all. It took me a full year to get my scores to rough mortgage qualification from a 560 to a 640 on a score which is used on the tri-merge pull. 90 days unless you can get a lot of negative information deleted and you have positive history already on the report, it's hard to make that sort of jump. Admittedly I did get to 620 in about six months but I was starting from a near thin file except for the derogatories (and I got none of them airstruck so you might do better with Lexington Law or DIY from information in the rebuilding forum).
Mortgage qualification is one of the first times people get faced with caring about their credit report as anything more than a distraction: unless you were responsible for every single negative on your wife's credit report, rationally you aren't fully to blame. Time and effort is the only thing which is going to fix it for most people, and you've already started on the right path... there will be another house of your and her dreams in the future, getting one's heart set on one individual house is a recipe for disaster.