When you’re looking to buy a home, one of the most important numbers you need to know is your FICO score. This three-digit number represents your creditworthiness and plays a crucial role in determining the terms of your home loan. Let’s discuss what a FICO score is, how it’s calculated, and why it matters for your home-buying journey.
Worried about Your FICO Score? 4 Easy Strategies to Fix It Up
If you’re worried about your bad credit, you’ll want to do everything in your power to improve your rating as quickly as possible – especially if you have a major purchase coming up. Improving your credit rating can give you access to better interest rates on mortgages or even help you to get that job you’re after.
So how can you boost your FICO score quickly and easily? Here’s what you need to know.