Credit glossary

FICO Score 10T

Definition

A FICO version that adds trended data, reading 24 months or more of balance and payment history instead of a single monthly snapshot.

FICO says FICO 10T looks at the previous 24 months or longer, so it can tell a borrower who pays balances down from one who carries them. A one-time paydown therefore counts for less than it would under FICO 8. FHFA lists 10T as approved for Fannie Mae and Freddie Mac loans but not currently eligible for delivery, with no adoption date announced.

FHA is moving faster. HUD's Mortgagee Letter 2026-11 lets lenders use FICO 10T or VantageScore 4.0 alongside Classic FICO for case numbers assigned on or after January 1, 2027. FICO said in July 2026 that more than 70 mortgage lenders had joined its 10T program. If you're buying in 2027, keep balances low for many months before you apply, since one good statement carries less weight.

Guides that go deeper

Sources

  1. FICO Introduces New FICO Score 10 Suite, FICO
  2. Credit Scores, Federal Housing Finance Agency
  3. Mortgagee Letter 2026-11: Updated Minimum Decision Credit Score Methodology for the Implementation of Alternative Credit Scores, U.S. Department of Housing and Urban Development
  4. FICO Score 10T Adoption Momentum Surpasses 70 Mortgage Lenders, FICO

This is education, not legal or financial advice. Spot an error? Tell us and we'll fix it.