05/12/2026
Big changes are coming to mortgage lending. The FHFA, Fannie Mae, Freddie Mac, and FHA are now allowing newer credit scoring models like VantageScore 4.0 and FICO 10T in the mortgage approval process. These models can factor in on-time rent, utility, and other recurring payment history, not just traditional credit cards and loans.
For many buyers with limited credit history, this could mean new opportunities to qualify for a mortgage and achieve homeownership. It’s a major step toward a more modern and inclusive lending system.
