Silvestri Properties

Tag: Home Buyers

Posted on 01/21/2021
It’s a Balancing Act: Credit and Debt
Your FICO score is a key factor used to determine if you qualify for a mortgage. The Fair Isaac Corporation (FICO) is the creator of the most common credit score used by home loan providers. The algorithm used to create your score is a closely-guarded industry secret. But in general, it factors in your payment history, debt burden,...
+ 2 more
Read More