Weekly Real Estate News
CrossCountry Mortgage says its early adoption of VantageScore 4.0 has lowered loan-level pricing adjustments for certain borrowers, and the lender is expanding eligibility beyond its previous 80% loan-to-value limit.
In a release distributed October 29 at 10:23 a.m. Eastern, the Cleveland-based company said loans receiving a more favorable credit score through VantageScore 4.0 experienced an average 62-basis-point reduction in loan-level pricing adjustments during its first 60 days of implementation. It estimated average savings of $2,500 per qualifying transaction.
Who benefits from the reported savings?
The $2,500 figure is based on preliminary internal data and applies only to loans for which the alternative model produced a more favorable score. It is not a promise of savings for every borrower, and the lender said actual savings vary by loan. The company did not disclose the number of loans included in the calculation or a third-party validation of the estimate.
Loan-level pricing adjustments affect the cost of many conventional mortgages and vary with characteristics including credit score and loan-to-value ratio. A different qualifying score can change a loan’s pricing category without changing the borrower’s underlying credit history.
Removing the 80% LTV restriction
CrossCountry also said it is opening VantageScore 4.0 eligibility to the full range of otherwise eligible loan-to-value ratios for loans eligible for purchase by Fannie Mae and Freddie Mac. Its previous restriction limited use to loans at or below 80% LTV. The lender said it is expanding VA lending options for eligible military borrowers as well.
The expansion does not eliminate agency underwriting standards, mortgage insurance requirements or other loan-level eligibility rules. Rather, it allows the scoring model to be considered on a broader set of transactions within those rules.
The announcement follows the Federal Housing Finance Agency’s approval of VantageScore 4.0 for eligible conventional mortgage lending and a broader industry debate about the cost and impact of competing credit-scoring models.
For originators, the significance is practical: score selection may affect loan pricing and eligibility. For consumers, the impact depends on their individual credit files and the lender’s implementation.
Source: CrossCountry Mortgage, October 29, 2026.
