Home  ::  Log In  ::  Search :: 
Classroom-Based Programs
Conferences and Workshops
Instructor-Guided Online Courses
Live Webinars

Designations and Certificates
Magazine and Newsletter Subscriptions
Market and Research Data
Publications and Guides
Self-Study Web-Based Courses
Webinar Recordings and Packages

RC_LP_U_302.2 Credit Scoring Basics
Member Price: $49.00
Nonmember Price: $79.00
Product Code: DL2-011064-WC-W
Delivery Options: N/A

Description of Product

This is a single-family/residential course.

Credit Scoring Basics covers fundamental concepts of the credit scores that are used in mortgage lending. First it will look at credit scores themselves, exploring how credit scoring models are developed and how individual credit scores are generated. From there, the course reviews the factors that drive the scores, information in the tradelines, as well as factors that do not affect scoring. The course then looks at how the various factors considered in a scoring model come together to create the meaningful, predictive final credit score as well as how variables are weighted to predict a credit score.

The factors that drive the scores and the reason codes used to explain them are described next along with the variance found in credit scores and how scorecard segmentation is used to evaluate consumer data. From there the course looks at the challenges posed by applicants who have no credit score and some of the ways in which credit can still be evaluated for these applicants. Finally, the course reviews other risk evaluation models beyond the credit score model that may be used to determine the risk associated with lending to a certain applicant.


  • Credit Scoring Models
  • Factors in a Credit Score
  • Combing Factors
  • Reason Codes
  • Variance in Credit Scores
  • Scorecard Segmentation
  • Alternative Credit Sources
  • Other Evaluation Models

    Seat time approximately one (1) hour.

    Copyright 2019.

    Product Category:
    Self-Study Web-Based Courses 
    This is a self-paced, self-study course. Enroll anytime and take up to 12 months to complete the course. 
    Contact Info:

    For registration information, call (800) 793-6222 or email education@mba.org.

    Contact E-mail:
    RC_LP_U_302.2 Credit Scoring Basics 
    You may also be interested in these products...
    RC_LP_U_302.1 Origin of Credit Scores in Lending
    RC_LP_U_302.3 Credit Scores in Risk Assessment

       Terms of Use & Privacy Statement

    Copyright © 2020 Mortgage Bankers Association.  All rights reserved.