FM SFLP.Borrower Credit Score Current

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Definition

Borrower Credit Score Current: A numerical value used by the financial services industry to evaluate the quality of Borrower credit.

Credit scores are typically based on a proprietary statistical model that is developed for use by credit data repositories. These credit repositories apply the model to borrower credit information to arrive at a credit score.

When this term is used by Fannie Mae, it is referring to FICO Score 5 developed by Fair Isaac Corporation and provided by Equifax Inc and is distinct from the FICO Score referenced in Fannie Mae's Selling Guide, which may be provided by any of the three major credit repositories.

Notes

Represents the most recently available borrower credit score provided by Equifax to Fannie Mae for the reference loan.

Starting with the July 2020 activity period, such borrower credit scores will be published as the mid point within a 5 point range.

If the borrower credit score is unknown, the value will be blank.

The field belongs to the FM SFLP Template

Field Characteristics

  • FM SFLP Field Index: 71
  • Column Label: CURR_SCOREB
  • Data Type: NUMERIC
  • Data Maximum Length: 9(3)

Disclaimer

This information is provided as is. Refer to the FM SFLP Template for pointers to definitive instructions about hte SFLP data templates