Foreign Credit Reports and Credit Scores

Homium permits the originator to use a credit report from a foreign country to document a borrower's credit history. (See Requirements for Credit Reports.) If a credit score is provided with the foreign credit report it cannot be used to establish eligibility, or be used by Homium unless the credit score is the classic FICO, as required by General Requirements for Credit Scores. See Section Nontraditional Credit History, for requirements that apply when a loan includes a borrower without an acceptable credit score.