Document Update: New VantageScore 4.0 Credit Score Model Type

New VantageScore 4.0 Credit Score Model Implementation

Fannie Mae (SEL-2026-04) and Freddie Mac (Bulletin 2026-D) announced this week that VantageScore 4.0® is now available through a limited rollout to approved lenders, and FICO® Score 10T will be coming soon. Changes have been made in ConformX to support the new VantageScore 4.0 credit score model. 

New Credit Score Model Type Field

New Credit Score Model Type (FI 193979) can be imported as one of two values:
•    Classic FICO
•    VantageScore 4.0

The Classic FICO doc content will print by default if the Credit Score Model Type is not set. 

A third FICO Score 10T field option will be added in the future. 

Other Credit Score Fields Unchanged

A single Credit Score Model Type field is now available to support the VantageScore 4.0 credit score model. All other ConformX credit score fields will continue to be used in the same manner they are today.

Credit Score Model Type allows credit scores from multiple models across different loans, but only one model is supported per loan. All credit score information should be sent based on only one model at a time.

Per-borrower, per-agency credit score model type indicators may be needed in the future. Related guidance is found on the Credit Scores | FHFA policy page:
"Will lenders report credit scores from multiple models on a given loan?
Not initially. Approved lenders will have the choice to report credit scores from either Classic FICO or VantageScore 4.0. For the time being, the Enterprises will not accept scores from multiple models on a given loan at the time of loan delivery. Information can be provided from either Classic Fico or VantageScore 4.0, but not multiple models on a given loan."

Minimum and Maximum Credit Score Default Values Update

The “Use Defaults” values have been updated on the Credit Score Configuration screen. The minimum score is now defaulted to 300 and the maximum score to 850 for all credit score agencies.

12 CFR § 1022.74(e)(1)(ii)(E) calls for “The range of possible credit scores under the model used to generate the credit score;” on the Credit Score Disclosure. Previously the default values were updated each year based on each credit score agency graph, but since the possible credit scores actually range from 300 to 850 for all agencies for Classic FICO as well as VantageScore 4.0, the default values will not change based on Credit Score Model Type.

Clients not using the default minimum and maximum scores will not be affected by the updates: 
•    Custom values on the Credit Score Configuration screen will continue to be honored if “User Defined” is selected. 
•    The individual agency “Credit Score Range Min” and “Credit Score Range Max” fields will continue to be imported for those with a custom standard value field mapping on Are Credit Scores Set? (FI 33586).
•    Custom standard value field mappings on individual agency “Credit Score Range Min” and “Credit Score Range Max” fields have not been modified.    

Credit Score Disclosure Update

Credit Score Disclosure - A-3/H-3 (Cx15312) is a duplicate of the A-3/H-3 model form provided by the FRB in 12 CFR Pt. 222, App. H; the CFPB in 12 CFR Pt. 1022, App. H; and the FTC in 16 CFR Pt. 640, App. A for credit secured by residential real property.
The model calls for a graph to print in the “How your score compares to the scores of other consumers” section to disclose a range of credit scores for a particular credit reporting agency, and the percentage of consumers with scores in each range.

When Credit Score Model Type is set to VantageScore 4.0, the corresponding credit score range graphs will now print on Credit Score Disclosure - A-3/H-3 for Experian, Equifax, and TransUnion. 

The existing Classic FICO graphs will continue to print by default if the Credit Score Model Type is not set.
While not utilized on standard Credit Score Disclosure – A-3/H-3 today, some ConformX users have expressed an interest in printing the sentence “Your credit score ranks higher than [X] percent of U.S. consumers.” in place of the credit score range graphs. Since this option is included in the A-3/H-3 model form, these existing per-borrower, per-agency fields are available to import from the LOS:
Borrower [1-4] Equifax Credit Score Ranks Higher Than U.S. Consumers Percent
Borrower [1-4] Experian Credit Score Ranks Higher Than U.S. Consumers Percent
Borrower [1-4] TransUnion Credit Score Ranks Higher Than U.S. Consumers Percent

Credit Score Matrix Update

Support for VantageScore 4.0 has also been added to the optional Credit Score Matrix (Cx5416). The Credit Score Matrix contains a list of all credit score key factor statements and reason codes. The Print Credit Score Key Factor Reason Code Matrix (FI 48978) ConformX System Default is usually set to “No”, which suppresses the document from printing.

When Credit Score Model Type is set to VantageScore 4.0, the corresponding reason codes and key factor statements will print on the Credit Score Matrix. 

The existing Classic FICO reason code and statement chart will continue to print by default if the Credit Score Model Type is not set.

Availability

The Minimum and Maximum Credit Score Default Values Update, Credit Score Disclosure Update, and Credit Score Matrix Update are available for testing on the Stage and Stage 2 servers and will go into effect on May 7, 2026. If you have questions or concerns, please contact Client Support at 1.800.497.3584.

LEG-3609
COM-7140
DR-220322
T3S-27507

The preceding is for informational purposes only and is not and may not be construed as legal advice. No third-party entity may rely upon anything contained herein when making legal and/or other determinations regarding its practices and such third-party should consult with an attorney prior to embarking upon any specific course of action.