Credit scoring differences - mortgage vs. what’s shown online

[Don Johnson]

Hello BP community (especially mortgage folks),

I recently ran into an issue when having my credit pulled by a mortgage broker. I’m seeing different credit scores on my monitoring services that the score the broker pulled down. It’s not a small difference either. Credit Karma shows me 775+ while the mortgage broker s ore was in the 690s. Obviously this was very concerning to me and also extremely confusing.

I contacted Equifax to ask what was going on and to try and clear up and discrepancies and they just told me the difference is the s owing methods. Online shows “vantage score” while my mortgage broker pulled a “beacon score.”

Can anyone help me understand how/why these scoring systems would produce such drastically different scores? Also, any strategies for improving the “beacon score” since I don’t have any regular access to this score.

Thanks in advance for any thoughts or guidance!

-Don