Their financial information is none-o-my-bidness.  All I need is a preapproval letter from a good lender to tell me that my buyer (or the buyer of my listing) is ready and able to purchase.

I don't want to know their Fair Isaac score, nor do I want that liability.

We require a legitimate pre approval letter.

No - usually I have their pre-approal.

Glad to see so many here happy just with a solid pre-approval.  Now if only more of us lenders would start doing solid pre-approvals : )

FICO is somewhat irrelevant when it comes to putting a deal together, BUT as a seller if I got 2 offers with financing contingencies, and knew 1 buyer had a 581 FICO and the other a 781.....it would matter to me.

I only need to see verification of funds or a pre-approval letter to proceed. I really don't want to delve in any deeper than that.

It's not done in Florida.  In fact, confidentiality rules don't allow Realtors to do credit checks here.  Must be done by another party.

I've never asked for that and can't think of a compelling reason why I should. I actually think it could be more a liability to be that inquisitive.

There is an agent in my market that request to see fico score, request GFE and then turn around and propose another lender. I try to avoid making offer on that agent properties... As listing agent I don't request it, however I request the lender let me know if he/she already check credit, income and taxes.

I do not. As others have indicated I trust the buyer agent has full-filled their responsibilities and have secured proper supporting authority supporting this buyer. I would be even more pleased is accompanying the PA, was the status sheet showing what data have been verified.

If I saw such a requirement in a listing, I would advise the buyer before I scheduled the property. Such an intrusion into ones privacy of a buyer by those who have no business knowing an individuals FICO score may just take that property off the show list. 

Of course we all know the those selling real estate stolen from the citizens they betrayed can make any rules they want. "Give me your FICO report and evidence you voted a straight Republican ticket in 2012 submitted with POF or PA."

For everything other than our low end I tell agents we require qualified buyers. For high end we ask that they are pre-qualified unless the agent indicates certainty that the clients can afford an all cash offer.

As a listing agent I never asked about it, but some banks do require a copy of FICO scores along with offer and PQ letter. For leases, we always require credit report and FICO scores.

I don't really consider this info any of my business really.  I do however require a preapproval letter (and a signed rep agreement, even if a temporary one) before I'll show any homes. 

No I have never asked for this information. If I'm the listing agent, a pre approval letter from the lender is all I will ask for. 

Jeff Dowler CRS - simple answer is 'NO'.

However, checking with the lender about their ability is a good way to look at it.

No! That is not something I need to see ever.  That is up to the Lender, a reputable Lender...

No.  A good preapproval letter from a good lender is required on the listing side.  Generally speaking, the contract close date submit is also going to tell me a story too.  The big name banks get ranked low on my list due to unreasonable over 60 day - 90 day closes.  Of course, our market is hot and low inventory...but I do not accept pre-qualified at all.  Submit when they have been already approved and we can talk.  

On the buyer side, we get them preapproved before showing homes.  I do not work with anyone without being approved or having proof of funds (cash buyer).  On the buyer side, it can be a waste of time without preapproval from lenders I trust.

Jeff, it never occurred to me to ask because I would consider it confidential.  I do however contact the mortgage broker or lender to confirm the letter and sometimes they will tell! :-)

No I don't ask to see them. The score is only part of the equation but what I do want is a solid lender letter from a lender I trust. A high FICO score without job stability or downpayment doesn't help my homes sell.

I usually do ask when I am the listing agent, but often times the lender says it is a privacy issue.  

Jeff Dowler CRS - It looks to me like we are all trying to accomplish the same thing, which is doing the upfront work to get the transaction closed.  We just take slightly different paths to get there.

I don't ask for ficos unless something about the offer raises a red flag in me. I do speak to the lender. If it's a low or no downpayment situation, I am more inclined to ask for fico scores.

Jeff Dowler CRS - When I speak with the lender and they seem shaky on the information, I step up the questioning.  If the lender doesn't know the credit scores, maybe they haven't run credit at all and perhaps the letter is a pre-qual disguised as a pre-approval.

If the letter is solid and the conversation with the lender hits all the right points and inspires confidence, I do't need to probe further.

Jeff,

That seems to me like way too much information.  A

When I'm representing a buyer and the buyer's FICO scores are impressive, I ask that the lender include them in the pre-approval letter.

When I am the listing agent, I ask the buyer's lender for the buyer's scores if they have not already been furnished to me.

no i have never ask for it or given it either ; anyways thing can allways change by the time it goes to final review from lender. have a great day