Rocket Mortgage First Lender to Default to VantageScore 4.0
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Detroit – September 28, 2026 -- Rocket Mortgage will become the first mortgage lender to adopt VantageScore 4.0 as its preferred credit scoring model for eligible loans, starting in the fourth quarter of 2026.
Rocket Mortgage found VantageScore 4.0 qualifies more clients while cutting scoring costs
Following roughly four months of testing, the lender determined VantageScore 4.0 helped more clients move forward in the mortgage process and reduced credit scoring costs. So far in 2026, Rocket Mortgage pulled 1.4 million credit reports using both VantageScore and FICO models to compare outcomes.
Clients who saved with the new model averaged $1,600 at closing
The lender's internal study found VantageScore 4.0 opens access for some clients who would otherwise go unserved and allows many to secure mortgages on better pricing terms. For those who benefited, average savings totaled $1,600 at closing.