How do mortgage companies determine which credit score to use?
Question by Melissa T: How do mortgage companies determine which credit score to use?
With the three credit scores being different, which do they use to determine you qualification for a mortgage? Or do they simply average all three scores. My husband has two scores at around 540 and his transunion is at 605. What are his chances?
Answer by Marie
Having just looked into refinancing myself, the mortgage companies take an average of the three scores.
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