Think you know how your credit score works? Mortgage lenders use different scoring models than the free apps on your phone. This quiz tests your knowledge of the specific credit factors that determine your mortgage approval and interest rate.
Warning
The FICO 2/4/5 Difference
The score you see on Credit Karma (VantageScore) is rarely the score your mortgage lender uses (FICO 2, 4, or 5). Your mortgage score is often lower.
The Quiz
Answer the 10 questions below to see if your credit knowledge is ready for the underwriting process.