Credit Score measures the borrower. FRC Lender Score measures the lender. Four dimensions. One number. Based entirely on how each lender actually behaves with real applications — not what they say in ads.
| Dimension | Weight | What it captures | Source |
|---|---|---|---|
| Denial Disparity | 40% | How much more/less a lender denies vs market average in the high-risk profile (DTI 44+, CLTV 90+) | Loan-level HMDA 2025, 8,795 applications |
| CLTV-85 Wall | 25% | Denial rate jump at the CLTV-85 threshold — lender's institutional overlay at the LTV boundary | 545K exact-CLTV records 2023–2025 |
| DTI Cliff | 20% | Denial rate jump at the lender's DTI threshold (typically 44→45) — the underwriting hard stop | 545K exact-DTI records 2023–2025 |
| Stability | 15% | Behavioral consistency over 3 years — does the lender's geometry stay predictable across market cycles? | Archetype persistence 2023–2025 |
Why not include interest rates? Rate competition is visible — every comparison site covers it. FRC Lender Score captures what's invisible: how the lender's decision surface behaves once you're inside the process. Two lenders can offer the same rate and deny at 30× different rates for the same profile.
| Lender | Disparity (40%) | CLTV Wall (25%) | DTI Cliff (20%) | Stability (15%) | Total |
|---|
This score covers 6 lenders only — the full FHA market has 300+ lenders. FICO is masked in HMDA public data, so credit score is not controlled. The disparity dimension uses a 6-lender market average (not the full market). Stability scores are based on 3 years of data — longer history would strengthen them. This is a behavioral score based on observable patterns, not a regulatory finding or investment recommendation.