The majority of banks use the middle score when lending for a mortgage but some do not. In rare cases we see banks that use the low score. An example would be:
Trans Union – Fico 780
Equifax – Fico 750
Experian – Fico 690
This example would mean the consumers low score is a 690 which would make it more difficult to get approved for this type of loan.
For more information on credit restoration, view North Shore Advisories website. North Shore Advisory offers personal and business credit repair and restoration services. We’ve been providing credit education and credit information for more than 20 years. We can help you with your business credit needs or personal FICO scores. For Banks and Realtors we can improve your clients credit score. Call us at 914-524-8300 or email us through our website.
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