07/12/2024
There are many credit score models, and the only one that matters is the model specific for the credit you are applying for. Changes coming the the next year for mortgage loans.
A change is coming to the credit scoring models used by mortgage lenders for most home loans, and this could have an impact on consumers. Although the changes won’t come into play until late next year, it’s not too early to learn about the new model and get ahead of the learning curve.