NAMU CMU Practice Questions - NAMU Certified Mortgage Underwriter (NAMU-CMU) Exam

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On a conventional conforming loan, what credit score model is required by Fannie Mae and Freddie Mac as of the FHFA bi-merge transition?

FICO 9 only Classic FICO (FICO 2/4/5) only FICO 10T and VantageScore 4.0 (bi-merge) VantageScore 3.0 only

Correct Answer:

FICO 10T and VantageScore 4.0 (bi-merge)

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