Mortgage Minute: How are credit scores (FICO) calculated and how does it affect mortgage rates?
Mar 8, 2023
10:09
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What goes into calculating credit scores? Not only does it matter that you pay your bills on time, but you don't want to over-utilize your credit either.
Doug goes into more details on how these scores are calculated and how that might affect the APR quoted to you for obtaining a loan. For a free copy of Doug's book on buying a home, go to www.DougCrouse.com.
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