Fico score needed for mortgage
[DOC File]HUD | HUD.gov / U.S. Department of Housing and Urban ...
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The Mortgagor(s) must have a minimum FICO credit score that meets the requirement set forth by the Master Servicer. Verification of current FICO credit scores, for …
[DOC File]Compliance Program Train-the-Trainer
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Then these five loans receive the same set of values for the FICO score variables: fico_510_550 = 0.2, fico_610_650 = 0.2, fico_000 = 0.2, fico_999 = 0.4, and all other FICO score variables are zero. For all loans originated prior to the second quarter of FY 1992, fico_999 is assigned a value equal to one and all other variables take the value ...
What Credit Score Do You Need to Buy a House? | US News
A true FICO score has a range of 300 – 850. Confusion for customers and lenders. Mortgage brokers have reported people shopping for loans the same day when a bank reported one score from an agency and the mortgage broker got a score 30 points lower from the same agency.
[DOC File]Appendix A - HUD
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Figure 16 above, shows the distribution of missing FICO scores by HOC. Of the 1101 binders coded in the Santa Anna HOC the FICO score was missing from the credit report 6.54% of the time. In the Atlanta HOC the FICO score was missing 5.84% of the time, 7.62% of the time in Denver and 6.65% of the time in Philadelphia. Figure 17
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