VantageScore vs. FICO credit score and getting a MortgageHi, I'm just starting to look and think about getting a home, maybe with in a year or so. I'm 31, married (wife 24, grad. college in 1mo, no credit history), and I make about $110K/year with $1600/month in bills aside from rent.I'm a little angry after checking out my credit reports and credit scores. About 2 years ago Infiniti reported me as being 30 days late to all 3 credit agencies. Long story shot, it was total BS but they refuse to remove it and I've tried a few things to no avail (good will letter, calls, dispute it). It's the ONLY negative I've ever had on my account. I checked my credit scores but they give me my "VantageScore" from all 3. It is about 815 for all 3. This new scale is based on 990 instead of 850. I'm not sure what my scores would equate to in a FICO score or how good of a mortgage or rate I could qualify for? Rates are still listed as under 5% but would I be able to qualify for one that low? Don't the banks/lenders still use FICO? Why are there two different systems now if the lenders are still using FICO?My other question would be, do I NEED 20% down now, especially with the way things are now, or is 10-15% no problem? Makes a big difference if you're looking for something in the range of $250K.thanks for any inputApril 12 2011 - US00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.