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Credit score rules are changing for mortgages in 2026 — here’s what’s different
- Mortgage credit scoring is expanding in 2026 as Fannie Mae and Freddie Mac adopt broader models beyond a single FICO score.
- Fannie Mae eliminated its minimum credit score requirement for conforming loans as of Nov. 15, 2025.
- New scoring models will use trended data and alternative data like rent and utilities to assess borrowers.
- FICO 10T and VantageScore 4.0 are set to roll out, expanding lenders' options for evaluating risk.
- Lenders may still choose to use classic FICO scores or new models, affecting who qualifies and how.
- The changes aim to expand access to credit for underserved groups and first-time buyers.
- Some lenders already accept alternative credit data from applicants.
- Despite changes, underwriting standards remain largely the same, FHFA says.
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