Fannie Mae, Freddie Mac, and the FHA have begun accepting VantageScore 4.0 and will soon add FICO Score 10T for mortgage approvals — the biggest shift in credit scoring in decades.

Key Highlights:  

  • VantageScore 4.0 is now live in a limited rollout for approved lenders.

  • FICO 10T follows later this year, with historical data expected this summer.

  • New models consider rent, utilities, and trended payment history — helping borrowers with thin credit files or non-traditional payment records.

What It Means for You:  

Millions could see better scores and easier access to home loans. On-time rent and bill payments now boost your profile more effectively.

Quick Tips:

  • Keep payments on time (still 35% of most scores).

  • Maintain credit utilization under 30%.

  • Check your reports at annualcreditreport.com and fix any errors.

These updates promote fairer lending while keeping risk in check. Talk to your lender about which scores they use. More widespread adoption is coming soon.