Rocket Mortgage Becomes First Home Lender to Use VantageScore as its Preferred Scoring Model on All Eligible Loans

Rocket Mortgage, part of Rocket Companies (NYSE: RKT), today announced it will become the first mortgage lender to use VantageScore 4.0 as its preferred credit scoring model for all eligible loans. After roughly four months of testing, the company found that VantageScore helped more clients qualify and move forward in the mortgage process, while also reducing credit scoring costs.