“Some of the sites I have studied claimed to give a lender preferred report”
That’s hilarious. Are they offering free air and cholestorol free fruits and vegetables too ?
It just adds to the layers of deceit in fooling people into believing what they want to hear, to get them to part with money.
I’ve yet to have someone call me with their “lender approved report”
I can quote the rates based on the score that they give me, but I CANNOT submit an application to a lender without running a report myself, so if their score is different enough to put them in a different bracket, the entire exercise of them shopping for quotes with their preferred report was a complete waste of time.
Besides, there is a whole lot more that goes into a loan than just a credit score, but it’s a place to start.
IMO, it is an absolute waste of consumer’s money to pay for their consumer score for mortgage purposes, considering that an accurate score is available by different methods.
