Tag Archives: FICO score

What’s Up with the FICO thing?

Now more than ever lenders are relying on the FICO, or credit score, of buyers in order to determine if you can buy a home.  Since the downturn in housing starting in 2007, more emphasis has been placed on a high FICO. Some lenders have demanded FICO scores of 720 or higher (almost perfect credit) Read more…