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How to Understand your FICO Score
(presented by www.refinance-refinance.net - mortgage lenders)



By Brock Hayslip

Whether you are or have ever been in the market to buy a new home or simply trying to refinance an existing mortgage, one thing is for certain: you have heard the term FICO and/or Credit Score more than once throughout the process. But do you know what these numbers actually mean? Has anyone explained to you who and what FICO is, beyond a number that can alter your life?

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FICO, Fair, Isaac and Company, is just one (the most popular) of the scoring models within the mortgage world designed to make the home loan process easier for the lenders by placing a

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This entry was posted on Saturday, July 8th, 2006 at 5:19 am and is filed under Refinance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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