For decades, mortgage lending has relied on a narrow set of “classic” credit scoring models—primarily older versions of FICO—to evaluate borrowers. That’s beginning to change in a meaningful way. As of April 2026, government officials announced that lenders are now permitted to use VantageScore 4.0 as part of the mortgage [...]
Buying a house is already stressful, and being ill-prepared heightens the anxiety. Why put yourself through this? Learn how to think like a lender and educate yourself on the best ways to get your mortgage loan approved: Know Your Credit Score It literally takes a few minutes to pull your [...]
A great credit score can make a big difference in your mortgage rates, helping you pay off your home loan faster. While owning a home can improve your credit score, having a credit score of at least 550 before you buy a home is also important. Above 620 is ideal [...]
