Hello guys, Welcome to Africa's Largest Video Search Engine, and you are watching FICO Score / Algorithm Used By Mortgage Lenders. and this video is uploaded by Premium Mortgage Co at 2022-04-03T13:17:32-07:00. We are just promoting this video only for entertainment and educational purpose only. I hop you like our Video Search Engine. [qXV7LXQkEms]
| Name | FICO Score / Algorithm Used By Mortgage Lenders |
| Video Uploader | Video From Premium Mortgage Co |
| Upload Date | This Video Uploaded At 03-04-2022 20:17:32 |
| Video Discription | Why does Credit Karma show one score... but when you pull your credit to get approved for a mortgage, the scores can sometimes be off by a lot? That is because Mortgage scores are looking at the following FICO algorithms: Experian - FICO 2 TransUnion - FICO 4 Equifax - FICO 5 FICO 8 which is used for most Credit Cards and Auto Loans are looking at your behavior over the last 2 years. The older scoring models looking deeper into your history because they are typically looking to lend you more money as in the case of a mortgage. When someone is going to lend you $100-500K, you can bet they are going to see what your last 7 years looks like, not just your last 2 years. Have questions about this? info@ezlending.com 215-396-9370 [qXV7LXQkEms] |
| Category | Education |
| Tags | mortgage | mortgage broker | mortgage calculator | mortgage fico | what score for a mortgage | mortgage credit score | FICO 2 | FICO 4 | FICO 5 | first time home buyer | first time home buyer program | first time home buyer grant | first time home buyer education | first time home buyer book | how to buy a house | how to qualify for a house | credit | understanding credit | building credit | mortgage credit fico |
