Credit Score Basics

April 11, 2013 | By

Credit score is one of the most important factors when applying for a mortgage loan. Basically, the credit score is a number between 350 and 850, calculated using a complex mathematical model composed of several indicators taken from the borrower’s credit history, outstanding debts, etc. Higher credit scores represent borrowers with less risk. This credit score infographic by Mortgage Kick presents the most important factors and shares excellent tips on how you can keep a high credit score to get approved for a mortgage.

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Credit Score Basics

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Filed in: Finance & Money Infographics

About the Author (Author Profile)

Co-founder and Vice President of SearchRank, responsible for many of the day to day operations of the company. She is also founder of The Arizona Builders' Zone, a construction / home improvement portal. Follow +Irma Wallace on Google + as well as Twitter.

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