which fico score does a mortgage lender use

Hi, Typically the lowest Mid-score of all borrowers is used.

Lenders will run a "Tri-Merge" credit report which consists of the 3 major credit bureaus.. TransUnion, Equifax, and Experian. Then loan pricing and eligibility is based on the LOWEST MID score of ALL borrowers.. so if you and your spouse apply, you have a 750 mid score, and she has a 650 mid score, then for loan qualifying and pricing, you have a 650 score.. I hope this helps..I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / RPM Mortgage NMLS 1541014 / AZMB0121893

The FICO score versions mortgage lenders most commonly use are EXPERIAN, FICO v2, TRANS UNION, FICO Classic 04, and EQUIFAX, BEACON 5.0 FICO