Do all three credit scores need to be a 580 for an FHA

Question

i mean trans, experian, and equifax?

Answer 1

Lenders work with what's called a "representative" credit score. They will pull a report that includes two or three scores from TransUnion, Experian, and / or Equifax. When there are two scores, the lower score is considered "representative." If there are three, it's the middle score.

Answer 2

Normally lenders use the middle credit scores. If only two credit scores, lenders will use lower one. Only one credit scores, they may use that credit score or down grade it to a manual underwrite

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