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UWM brokers report use of VantageScore 4.0 improved loan terms
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UWM brokers report use of VantageScore 4.0 improved loan terms
Several mortgage brokers using VantageScore 4.0 through United Wholesale Mortgage (UWM) reported positive reviews, citing credit score improvements and previously “impossible” loan scenarios that became possible with access to the credit model. UWM announced at the end of April that it was giving its independent mortgage brokers access to both FICO and VantageScore credit scoring models for conventional loans, a move that also allows brokers to …
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