There’s a major change in the world of mortgage lending—and it could open doors for millions of homebuyers.

The Federal Housing Finance Agency (FHFA) now allows lenders to use VantageScore (not just FICO!) when evaluating borrowers for Fannie Mae and Freddie Mac loans. This shift is a total game-changer for credit accessibility and could significantly impact your buyer pipeline.

What This Means for Realtors:

• 33 million more consumers now have a credit score that lenders can use
• 4.9 million more buyers may now qualify for a mortgage (score ≥620)
• Includes rent history, giving a boost to first-time and underbanked buyers
• Could unlock over $1 trillion in new mortgage credit across the U.S.
• Helps reach clients who were previously “credit invisible” under traditional scoring

Why It Matters Now:

We are experiencing a market where affordability is tight and rates are high, many buyers are just on the edge of qualifying. This expanded scoring model gives you more ways to get your clients to the finish line, especially those who may have been overlooked in the past.

Whether you’re working with:

• First-time buyers with limited credit history
• Long-term renters ready to become homeowners
• Buyers just under the traditional FICO threshold

This change may be the nudge they need to finally qualify.

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Let’s Talk Strategy

Wondering how this might impact your clients or opportunities?

Let’s connect. I’d love to walk you through what this means for your buyers and how we can take advantage of it.

📞 Call or text me: (805) 451-5301
📧 Email: cgreene@c2financial.com

Here to help your clients get approved and into homes!

Warm regards,
Craig
Loan Officer | C2 Financial