cleaning up credit. score keep changing.

They pull a mortgage rating and it seems to be about 50-75 point lower than all the free credit reports customers can get online. It uses all 3 bureaus Experian, Equifax and Trans union. Hope this helps. Kyle..ps I live off of pickering there in Shelton.

the consumer versions of credit reports ( myfico ...credit karma ) are not very accurate ...most mortgage lenders will use a " tri merge " report that accesses Transunion/ Experian and Equifax ...I always recommend getting this pulled by a lender and then getting a copy to work with .....this will save you a lot of time ......we have offices in Shelton and I have a 2nd office in Belfair :)

If you sign up for Identity Secure, they will give you pretty accurate mortgage scores. www.identitysecure.com

When credit is pulled and three scores are available, the interest rate of your loan is priced based on the middle score. If two or one score is available when a lender runs a tri-merge report, then the lowest score is what the interest rate is based on in connection to a mortgage.

For mortgage lending, we are required to run all 3 major bureaus, and use the Mid score to determine eligibility. Understand that when you apply for a mortgage, the scoring model used is based on the likelihood of you defaulting on a mortgage.. Likewise, when you apply for a credit card or car loan, the scoring model will be differernt.. since they are trying to determine the likelyhood of you defaulting on a credit card or car loan.. When you use some of the online free credit score stuff, it's highly inaccurate.. the scoring model is designed to keep you going back to their website.. For those scores, we call them the "fako" score.. I've seen folks come to me saying they are at 680, and I run the credit and it comes back at 580.. 100 points off.. If you are serious about getting a loan, stop trying to fix things as it's possible you can be doing more damage than good.. instead, get with a local loan officer and let them pull your credit.. once they see it, they can advise you which steps would be necessary to obtain mortgage financing.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com NMLS# 226347

Generally speaking, you as a consumer do not have any access to the credit scoring models used by your mortgage lender. Home loans lenders pull a lender scoring model from all three credit bureaus. They throw out the high score, throw out the low score, and all underwriting and interest rates are based off the middle score. Generally speaking in the vast majority of the cases, your mortgage credit score will be lower than any of the scores you can see, like Credit Karma, or your credit card statements. If I were to put an "average" score difference, I would say about 20 points lower for most people most of the time. My only advice is simply this. Once you've cleans up the credit as best you can, just contact a mortgage lender and let them take an application and pull credit. I lend in MN, WI, and SD, and can be reached at WI-MortgageBroker.com. NMLS 274132