Vermont Model Mortgage Payment History is a system used to track and document a borrower's mortgage payments. This system is used to help lenders assess the risk of offering a mortgage loan to a borrower. It tracks a borrower's payment history, including payments made on time, late payments, and defaults. There are two types of Vermont Model Mortgage Payment History: 1) Traditional Model and 2) FICO® Model. The Traditional Model is based on a borrower’s credit history and payment history. This model is used to assess the borrower’s creditworthiness by looking at their payment history, credit utilization ratio, and other factors. The FICO® Model is based on the borrower’s FICO® score, which is a three-digit number that indicates the borrower’s creditworthiness. This model is used to assess the borrower’s ability to repay the loan and also takes into account other factors such as income, debt, and payment history. Overall, Vermont Model Mortgage Payment History is an important system used by lenders to evaluate a borrower's creditworthiness and determine their ability to repay a loan.