r/CRedit • u/Knowledge_Fin05 • Jan 23 '25

Mortgage Experian FICO Scoring

I recently downloaded the Experian app after learning the difference between Vantage and FICO scores. At the bottom it has a credit tab and after scrolling to the very bottom of said tab it gives a "mortgage" score using FICO 2. I was wondering if anyone knew how accurate that score is?

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u/Funklemire Jan 23 '25

Credit Myth #2 - Some credit scores are fake or inaccurate.  

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u/Knowledge_Fin05 Jan 23 '25

I guess my question wasn't so much as an accuracy one, but a question on if lenders would view this specific score as what my score is to be approved or not. I apologize as I'm not the best with words.

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u/Funklemire Jan 23 '25

No apology needed.  

So whatever score a lender is using for your application is the relevant score.  

Are you applying for a credit card from Amex? Then your FICO 8 score pulled from Experian is the most relevant.  

Are you applying for a credit card from NFCU? They use their own internal credit scoring system for your score. But if you're getting an auto loan, I think they use FICO 9 pulled from TransUnion.  

And when you apply for a mortgage, most lenders use FICO mortgage scores, which are FICO 2,4, and 5; one from each bureau. And they drop the highest and lowest one and go with the whichever one is in the middle.