FICO® Score 10 T for Mortgage Originations

FICO® Score 10 T outperforms prior FICO® Scores in mortgage originations -- integrated trended data, effective thin file treatment, differentiated authorized users, improved collection treatments, and rental trade-line inclusion. Lenders may find they can extend more loans for their communities with more robust performance for first-time homebuyers and offers to borrowers seeking home equity loans.

FICO® Score 10 T benefits: 

• Expand mortgage approval rates by up to 5% without incremental risk
• Leverage trended data for additional consumer behavior insights
• Transition easily to the latest score based on recent data
• Retain continuity with similar minimum scoring criteria and familiar 300–850 score ranges