VantageScore Just Changed the Mortgage Game

Fannie Mae just opened the door to VantageScore 4.0 — a newer credit scoring model that looks at credit differently than the traditional FICO scores the mortgage industry has used for decades. Derick and Stephen break down what actually changed, why it matters, and who it could impact most. VantageScore 4.0 incorporates trended credit data (not just a snapshot, but how you've been managing debt over time) and can factor in rental payment history — which is a big deal for responsible borrowers who've been paying rent on time for years but don't carry a lot of traditional credit. The bottom line: if credit is the reason someone couldn't qualify for a mortgage before, it's worth having that conversation again — because their profile may look different under the new model.