Credit Scores

What is a Fico?

A FICO credit score is a credit score developed by FICO, a company that specializes in what’s known as “predictive analytics,” which means they take information and analyze it to predict what’s likely to happen.

How does credit scores affect home purchases?

A credit score can impact your interest rate causing it to be higher or lower which can make your monthly payment higher or lower. There are different loan programs depending on your credit circumstances. Speak with a local lender to find out details. 

How do I get check my Credit Report?

You are able to check your credit report for incorrect information or to simply see what is on there. There are three major credit bureau's (Transition, Equifax, and Experian). You should check all three. Check your credit report by going to www.annualcreditreport.com.

CONTACT

Charla Gonzales

DRE #01448907

Dennis Lopez

DRE #02057138

LOCATION

RE/MAX All-Pro

DRE #01900294

43832 20th Street West
Lancaster, CA 93534

©2020 Charla Gonzales Real Estate Team