Company Announcements

Lenders are leveraging FICO's most predictive credit score for non-conforming loans to responsibly help more people attain the dream of homeownership

BOZEMAN, Mont.--(BUSINESS WIRE)--Feb. 3, 2026-- FICO (NYSE: FICO), global analytics software leader, today announced that more than 40 lenders have now joined the FICO^® Score 10T Adopter Program for non-conforming mortgage loans, marking a significant acceleration in adoption of the industry's most predictive credit scoring model.

The recent surge of FICO^® Score 10T adoption is driven largely by community lenders serving underserved markets, including TLC Community Credit Union, Magnolia Bank, William Raveis Mortgage, Nation One Mortgage Corporation, Western Ohio Mortgage Corp, Vellum Mortgage, V.I.P. Mortgage, and others.

One of the most notable milestones in this wave of adoption is Spring EQ, the first HELOC lender to implement FICO^® Score 10T, demonstrating its predictive value across mortgage products, including home-equity.

“In today’s market, we need tools that help us say ‘yes’ to more borrowers without taking on unnecessary risk, and FICO^® Score 10T delivers exactly that,” said Saket Nigam, head of partnerships at Spring EQ. “Its predictive depth gives us more confident decisions across mortgage products, including HELOC. The result is better borrower outcomes, stronger portfolio discipline, and a lending experience that scales responsibly.”

FICO^® Score 10T delivers up to 5% more loan approvals without adding incremental risk or up to 17% reduction in delinquencies, offering enhanced predictability through trended data, including rental history. Lenders benefit from the ability to receive FICO Score 10T at no additional fee from FICO as part of dual processing, alongside the Classic FICO Score, enabling seamless evaluation and transition.

“We’re excited by how quickly the non-conforming market is embracing FICO^® Score 10T and the results lenders are seeing in real time,” said Devin Norales, head of mortgage and capital markets at FICO. “From credit unions and community banks to IMBs and banks, we’re eager to help partners stay on the forefront of innovation. Together, we can turn predictive insight into more keys in more hands and ultimately expand access to sustainable homeownership.”

FICO’s dedicated Mortgage and Capital Markets team continues to support clients across the ecosystem—helping lenders prepare for and maximize the benefits of FICO^® Score 10T, reduce default exposure, and seize new opportunities with advanced credit tools and insights. More information: FICO Score Migration Resource Center

About FICO

FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 200 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, insurance, telecommunications, health care, retail and many other industries. Using FICO solutions, businesses in more than 80 countries do everything from protecting 4 billion payment cards from fraud, to improving financial inclusion, to increasing supply chain resiliency. The FICO® Score, used by 90% of top U.S. lenders, is the standard measure of consumer credit risk in the US and has been made available in over 40 other countries, improving risk management, credit access and transparency.

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About Spring EQ

Spring EQ is a home equity lender providing flexible financing solutions directly to consumers with a national network of brokers and partners. We offer a broad range of home equity products and deliver a simple and streamlined process that results in faster funding, trustworthy loans, and less frustration for consumers.

To learn more, visit SpringEQ

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Media Contact
Press@FICO.com

Media Contact
Kelly Henry
Director of Brand and Communications
Spring EQ
Kelly.Henry@springeq.com

Source: FICO