I have a question about the credit score that was used in the credit decision and an application with multiple borrowers. If we have an application with 4 borrowers being reported on the HMDA LAR and we use a single credit score method for credit. Is it implied that the DI and credit score we report on the HMDA LAR for the applicant and co-applicant would match? Meaning that the DI and credit score we report for the applicant is for the same person and the DI and credit score for the co-applicant is for the same person. I understand that this may seem like an elementary question but unfortunately this is where I'm at in my compliance day, send help.
The question being posed to me is if we can report the third borrowers credit score which was used in the credit decision (say 750) in the co-applicants credit score position on the LAR. The LAR would then have the actual co-applicants DI with the third borrowers credit score.