Is this really what my FICO score, which was to get a mortgage?
My wife and I are buying our second home. We have been in our current house for 15 years and have good equity. My sister, who was in the banking sector said that the FICO score generated by the three offices is only a consumer of the guests and the AO is used for a lower mortgage work. For example, I know that my current FICO is around 725th She says she will actually be lower if a mortgage company my credit card, which affect how we could get a loan and interest in running on it. Is this true? Please no personal opinion cite references or experience in the industry, if possible, the initial responses. We are very pleased with the debt / credit Verfügung.Wir have 4 C / C, each with about $ 15 – $ 20K limit and zero for all. We use them from time to time to keep some form of use, but no credit. They are all old accounts, about 4-15 years. No car loan. The loan is a loan of about $ 7k on it.