Earlier, Mortgage Secrets discussed the fact that any given borrower will receive a credit score from each credit repository. Should the credit data in these files materially differ, the corresponding credit scores will differ. This fact brings up the question: Which score will the lender choose to use if one or two of your scores fall below program minimums? To a certain extent, it will depend on the persuasive story you tell. In most instances the lender selects the lowest middle score of all applicants. If you and your co-borrower (spouse, relative, partner), respectively, show these scores, 580, 610, 655 and 720, 730, 760, the lender might very well use 610 as the relevant credit score for underwriting.
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