# US mortgage industry credit scoring model adoption > Developing situation record from CLSTR: https://clstr.news/situations/us-mortgage-industry-credit-scoring-model-adoption > Updated: 2026-11-09T12:00:58.000Z. Sources: 2. Developments: 2. The US mortgage industry is transitioning toward the use of diverse credit scoring models, including VantageScore 4.0 and FICO. CrossCountry Mortgage reported that early implementation of VantageScore 4.0 led to an estimated average savings of $2,500 per qualifying transaction, driven by a reduction in loan-level pricing adjustments for certain borrowers. To facilitate this, the lender also removed previous loan-to-value restrictions and expanded VA lending options. Industry experts suggest that VantageScore 4.0 may benefit first-time homebuyers and those with thin credit files because it can generate scores from the first day of a new account. In response to these shifts and upcoming Federal Housing Administration requirements for FICO Score 10T in 2027, technology providers are upgrading infrastructure to allow lenders to manage and select multiple scoring models per loan. ## Timeline ### 2026-11-09: Lenders prepare for adoption of multiple credit scoring models Lenders are adapting to new credit scoring models, including VantageScore 4.0 and FICO, as the mortgage industry moves toward greater flexibility for borrowers with limited credit history. 2 sources. https://clstr.news/cluster/lenders-prepare-for-adoption-of-multiple-credit-scoring-models ### 2026-10-29: CrossCountry Mortgage reports borrower savings using VantageScore 4.0 CrossCountry Mortgage reports that using VantageScore 4.0 has saved qualifying borrowers an average of $2,500 per transaction and is expanding eligibility for various loan-to-value ratios. 2 sources. https://clstr.news/cluster/crosscountry-mortgage-reports-borrower-savings-using-vantagescore-40 --- Cite as: US mortgage industry credit scoring model adoption. CLSTR, https://clstr.news/situations/us-mortgage-industry-credit-scoring-model-adoption