Buying a New Home -- What's Your FICO Score?

Before buying a new home, you should know what your FICO score is and how it reflects your credit.

Mortgage lenders will base your loan approval largely on your FICO score, so it's wise to obtain a copy of your credit report before applying for a loan. That way, you won't be surprised if you have a low credit score.

Learn all you can about your credit report and your FICO score. A good place to start is the websites of the big three credit agencies: TransUnion, Experian and Equifax. Each of these websites offers information about credit reports and scores. You can also order a copy of your credit report from these websites.

Learn more at Home Buying Institute
To learn more about your FICO score, what it means, and how it affects your chances of loan approval, read this article at HomeBuyingInstitute.com.

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Get more home buying tips at HomeBuyingInstitute.com
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