FACT!
Mortgage closing costs can be thousands of dollars, but FICO's price is less than a slice of pizza - and it’s the foundation of a safe housing ecosystem.
With average mortgage closing costs of $6,000 (or more), FICO® Score royalties are a small fraction — less than two tenths of one percent (or less) — of those closing costs.
At $3.50 per score, royalties currently collected by FICO are lower than the cost of all other components commonly included in mortgage closing costs. And at only a fraction of the $142 cost of a notary or the $32 cost of a wire transfer to fund a mortgage at the end of the origination process, FICO Score royalties are entirely fair and reasonable, particularly considering the significant value the score provides at origination and during all subsequent downstream score uses.

Closing Costs Calculator
This chart represents estimated national averages of certain common closing costs in mortgage calculated using averages of such costs for each state, calculated based on local, county-level data included in Fannie Mae’s Closing Costs Calculator.
See FICO’s full response to the CFPB request for information