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Participating Lenders,
AHFA is aware of recent industry developments regarding the use of VantageScore® credit scoring models and is currently evaluating the potential impact on our Single Family mortgage programs.
At this time, AHFA is not accepting loan submissions under VantageScore® and will continue to require credit scores derived from currently approved scoring models in accordance with existing program guidelines.
We are actively reviewing available information and will communicate any future policy changes, implementation requirements, or effective dates should our program requirements be updated.
Until further notice, lenders should continue to originate and submit loans in accordance with current AHFA program guidelines and underwriting requirements.
We appreciate your cooperation and will provide additional guidance as it becomes available.
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