FICO Score 10T Beats VantageScore by 10% on FHA Loans; T-Mobile Onboards Faster
Milliman’s analysis of 20 million mortgages shows FICO Score 10T outperforms VantageScore 4.0 by over 10% on FHA first-time homebuyer loans and places more borrowers in the highest credit tiers. T-Mobile adopted FICO’s customer onboarding platform to improve activation speed while almost 60 lenders test Score 10T free.
1. Milliman Study Validates Score 10T Superiority
An independent analysis of nearly 20 million mortgages from 2011–2023 reveals FICO Score 10T delivers more accurate risk separation than VantageScore 4.0 across all industry-standard measures, strengthening decision-making for lenders evaluating credit risk.
2. Outperformance on FHA First-Time Homebuyer Loans
During high-default origination periods, FICO Score 10T outperforms VantageScore 4.0 by over 10% on FHA first-time homebuyer mortgages and moves more borrowers into top credit score bands, enhancing access to favorable loan terms.
3. Rapid Adoption and Free Access Program
FICO launched a Score 10T Free Access Program enabling side-by-side testing at no cost, attracting nearly 60 lenders, while T-Mobile integrated FICO’s onboarding platform to accelerate customer activation and demonstrate enterprise demand.