FICO® Scores on Approved Home Loans Drop Again

FICO® Scores on Approved Home Loans Drop Again | Simplifying The Market

FICO® Scores on Approved Home Loans Drop Again

According to Ellie Mae’s latest Origination Report, the average FICO® Score on all closed loans dropped to 722 which is its lowest mark since April. The average includes all approved refinance and purchase loans.