10/05/2022
Today I am going to give a little insight for my people looking to buy homes or auto loans . Now many of you probably don’t know about this but This is what lenders look at to determine if you qualify for a mortgage or auto loan it's called Fico score 5 . Now if you are wanting to get qualified for a huge loan amount it’s probably best to know how the lenders are going to evaluate you, the fico score 5 goes off things like your employment history , medical accounts , and residential history. The fico score 5 comes from Credit reporting agency Equifax , now sometimes when pulling your mortgage lenders or banks may also pull your fico score 2 and fico score 4 from Experian & TransUnion . I hope this helps you out if not please feel free to contact me at any time.