Do you know what goes into calculating a FICO (credit) score? The percentages on…
Do you know what goes into calculating a FICO (credit) score? The percentages on the chart represent the impact each area has on your score makeup. Your FICO score is a critical component in the home buying process because it tells your credit story. Your 1st step should always be to speak with a mortgage lender to find out where you stand credit wise (if you don't already) and to formulate a plan of action. Always be honest about your situation. Your mortgage lender is there to help but can on
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