Empire Financial Solutions Score Improvement Program:

All lenders and banks use the FICO credit score formula and not the Vantage Score offered by free credit score reporting services. There are over 60+ different FICO scores issued for various types of credit-related decisions.  As discussed with your consultant, FICO Mortgage Credit Scores are weighed and calculated much differently than FICO credit scores for autos, credit cards, insurance, etc. That is because there is more risk for a large loan amount as an example $200,000 on a home for 30 years versus say $20,000 for the average price of a vehicle over 6 years. Empire Financial Solutions’s efforts are to optimize FICO 2, 4, and 5 (the mortgage credit scores) for best results to a target 620 credit score. If you follow our Mortgage Credit Score Improvement Program, your plan of action, and the recommendations of your consultant you should reach the 620 credit score. We will also help you obtain the desired credit score you seek for your specific situation.