One of the factors that will be used by the Bank or Mortgage Company to qualify you for a loan is your credit score, also called FICO score. The higher your FICO score the better chances you have to qualify for the best interest rates and financing programs. FICO is a number or grade you are assigned base on your credit history.
FICO
CARMEN G. GUTIERREZ Over 16 years of experience in Real Estate and Mortgage Lending.