09/12/2026
Are you up to date on your rent, phone bills, and utilities but afraid your credit score isn’t high enough to buy a home? A new credit score model that takes into account things like rent, phone bills and utilities was just approved to be used in mortgage underwriting. This could be a game change for a lot of potential buyers who were unfairly excluded from homeownership under the old models. If this sounds like you reach out to a REALTOR, homeownership might be closer than you realize.
https://www.nar.realtor/news/washington-report/fannie-and-freddie-officially-adopt-new-credit-score
Fannie Mae and Freddie Mac (the GSEs) officially released guidance and pricing grids for all lenders to use VantageScore 4.0.