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Posted in Mortgage
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huhwhat20

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Mortgage lender used Equifax for the application. Will that be the report that they pull at closing?

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Top Contributor
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Most likely an In-house finance dept.

Its my understanding that most large lenders have in house finance departments that do the final credit report. The Big 3 and FICO scores are to generalized for their needs. Every scrore is generated using a specific set of metrics so in-house algoritiums specific to mortgages are used.

In general, the score generated will be in the same bracket as you other scores. if your score is currently at the lower end of the bracket you may be dinged for a higher interest rate but generally not.  If you qualified with Equifax for the app you should be ok.

Good luck   

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