ToolsSource: The Close
Pennymac rolls VantageScore 4.0 live across all lending channels
Original headline: “Pennymac Takes VantageScore 4.0 Live — What Agents Should Check on Buyer Preapprovals” — The Close, Oct 5, 2026
Pennymac said October 5 it finished rolling out VantageScore 4.0 across its consumer-direct, broker-direct and correspondent channels, weeks after GSEs opened the model to all approved lenders. Classic FICO remains available for eligible Fannie Mae and Freddie Mac loans, so a Pennymac preapproval alone does not tell you which model priced the file.
Our take (opinion & analysis, not reporting)
When a Pennymac-backed buyer is near a credit cutoff, ask the loan officer which score model and program supported the preapproval — the same multimodel check that matters on UWM and Rocket files. Add the scoring model to your buyer notes when credit is borderline.
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