Short answer
Starting with FHA case numbers assigned on or after January 1, 2027, lenders can use VantageScore 4.0 and FICO 10T as well as Classic FICO. HUD says the newer models use trended data and can reflect things like rent and utility payments. FHA's minimum credit score thresholds don't change, and lenders still pull a report from all three credit bureaus.
What did HUD announce?
In Mortgagee Letter 2026-11, dated October 8, 2026, HUD updated how FHA picks the credit score that decides a loan, so lenders can submit one or more of three score models: Classic FICO, VantageScore 4.0 and FICO 10T. The change applies to FHA purchase and refinance loans with case numbers assigned on or after January 1, 2027. HUD's reverse mortgage program doesn't use credit scores, so the letter removes the score reference there.
How will the lender pick my score?
- For each score model, the lender uses your middle score when three are reported, the lower one when two are reported, or the only one.
- If more than one model is used, your score is the lowest of those model scores.
- With more than one borrower, the loan uses the lowest borrower score. A borrower with no score at all is left out of that step and is reviewed by hand.
- The lender must use the same model or models for every borrower on the loan.
What stays the same?
FHA's minimum score rules are unchanged: a score below 500 isn't eligible, and scores from 500 to 579 allow a smaller maximum loan than scores of 580 and up. Lenders still pull a three-bureau credit report, and each lender can set its own stricter rules. Buyers with no score can still be considered through manual underwriting; see buying a home with no credit score.
Does this match conventional loans?
Close to it. Loans sold to Fannie Mae and Freddie Mac began accepting VantageScore 4.0 in 2026. See can lenders use VantageScore 4.0 and the FHA loan guide.
Should I do anything differently?
Not really. On-time payments and low card balances help under every model. Different models can give different numbers from the same report, so the score in a credit app may not match what a lender sees. The credit guide covers the steps.
Sources
Checked November 2, 2026. Rules and dates change, so confirm current details before you rely on them.
General information only, not tax or legal advice. Program availability, eligibility and terms vary by lender and are subject to change and to underwriting approval. Not a commitment to lend.