FICO Score Override

Choosing which applicant’s credit score drives eligibility and pricing.

Most applications have more than one applicant, and they rarely share the same credit score. FICO Score Override gives you control over which applicant’s score the system uses to qualify and price a deal — so a strong co-borrower can carry an application that the primary borrower’s score alone would not.

 How the system behaves by default

By default, FundMore.ai uses the FICO score of the applicant with the highest income to determine eligibility and pricing. That is the right call most of the time, but not always — the highest earner is not necessarily the strongest credit profile on the file.

 What FICO Score Override does

When you turn on FICO Score Override for an applicant, the system considers the highest FICO score between the primary borrower and that selected applicant, and uses the best eligible score for pricing and qualification. You enable it per applicant with a single checkbox.

To turn it on:

• Open the Stakeholder’s Details widget and select the applicant whose score you want to count.
• On the Overview tab, check the FICO Score Override box for that applicant.
• The system then uses the higher of the two scores when assessing eligibility and pricing.

 A working example:

Consider an application with two applicants:

Suppose the product requires a minimum FICO score of 680. On Applicant A’s score of 657 — the default, because A is the higher earner — the application would not qualify. By enabling FICO Score Override for Applicant B in the Stakeholder’s Details widget, the system instead considers Applicant B’s score of 869, and the application now meets the product’s credit requirement.

 When to use it

Reach for FICO Score Override when the primary applicant’s score falls below a product threshold but another applicant on the file has a stronger score that could qualify the deal. It adds flexibility to meet product criteria without restructuring the application.

 Good to know:

• The override is configured per applicant, so you decide exactly whose score is brought into the assessment.
• How scores feed into pricing depends on how your products and rate matrices are set up in the Manager Portal — your Management team configures these to match your lending policies.