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CommunityKarma23 t1_jdtiub7 wrote

Reply to comment by limitless__ in Preparing to buy our first home by [deleted]

If you’re seeing 655 scores on credit karma your mortgage score are most likely anywhere from 40-60 points lower.

The bureaus use a different scoring model for consumer scores (what credit karma is showing) vs mortgage scores.

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Vacillating_Fanatic t1_jdtqwyf wrote

Fwiw, my score was significantly lower on credit karma than what the mortgage lenders showed. I've checked independently since then, and the credit karma score has consistently been much lower than my actual score (as in around 50-100 points off).

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SleepyHobo t1_jdtvnr3 wrote

Found this to be the same when applying for car loans and credit cards as well. Not 100 points but 30-60 points.

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Virgil_hawkinsS t1_jdu9zqt wrote

Same boat. I was shocked when I got my first big boy chase card a few years ago and my score was almost 100 points more than credit karma.

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