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#2257203 - 07/26/21 05:29 PM Zero Score Credit Score Disclosure
dtew Offline
New Poster
Joined: Apr 2021
Posts: 5
Our applicant did not receive a credit score from any bureau. Is a zero score disclosure required, or can we send the credit score exception disclosure showing a zero score? Also, is the Notice to Home Loan Applicant Disclosure required if the applicant does not receive a credit score?

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#2257228 - 07/26/21 09:51 PM Re: Zero Score Credit Score Disclosure dtew
rlcarey Offline
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rlcarey
Joined: Jul 2001
Posts: 77,207
Galveston, TX
A Notice to Home Loan Applicant Disclosure would not be required, as there is no score to use. I am not sure what you mean by a zero score disclosure? If you risk base price your loans, then yes, an H-5 notice would be applicable if use the RBP exception notices
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