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Fairway Home Mortgage, Movement Mortgage, Rate Join FICO® Preferred Program

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Fairway Home Mortgage, Movement Mortgage, Rate Join FICO® Preferred Program

FICO, global analytics software leader, announced that Fairway Home Mortgage, Movement Mortgage and Rate have enrolled in the FICO® Preferred Program and will continue to pull FICO® Scores across their mortgage lending operations.

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Together, the three lenders represent a broad cross-section of the mortgage market, from retail and digital mortgage lending to the correspondent and secondary markets. Their decision to join the Preferred Program demonstrates continued demand for FICO Scores across the mortgage ecosystem and gives each lender access to both the score the industry relies on today and FICO’s most predictive credit score for the future.

“At Fairway, our commitment is to offer the best possible rates and terms to our borrowers and as such we will continue to evaluate FICO Scores in our wide range of eligible loan products and programs,” said Stacey Sprain, Senior Vice President of Credit and Vendor Support at Fairway Home Mortgage, a full-service mortgage lender licensed in all 50 states and the #2 overall retail lender in the United States.

Rate, a leading fintech company, will continue to pull FICO Scores across its mortgage operations. With a broad range of mortgage products, including conventional, FHA, VA, jumbo, non-QM and HELOCs, Rate’s continued use of FICO Scores provides consistency in assessing risk across its business.

“At Rate, we’re focused on giving our customers a fast, transparent and affordable path to homeownership,” said Nik Athanasiou, COO of Rate. “FICO Scores remain an important tool in our credit decisioning.


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