Do you think mortgage lenders go by your scores or your reports?

Question by Judy: Do you think mortgage lenders go by your scores or your reports?
I know mortage lenders pay little attention to the scores.FHA does not flush get it.Don’t they look at your reports in detail and make their own decisions?They have your score – but do they use it at all?

Best answer:

Answer by MoneyMatters101.com
Lenders use your impute score to get a quick hint of your credit history, but the information on your actual credit report is what they ultimately use to make a determination as to whether or not you will get the loan that you are applying for and what your interest rate will be.A imputed score is founded on factors such as your history of paid your bills, such as loans, credit cards, and other credit obligations. Public records such as tax liens, bankruptcies, judgments, law suits and collection accounted are also factored into the score.

What do you think? Answer below!