In one of my recent posts I mentioned that the lenders have tightened their standards. Although, there are still ways to qualify for 100% financing it isn't as easy as it was a year ago. I always suggest that talking to a lender should be your first step in buying a home. Once you and I know where you stand, we know exactly how to proceed in order to find you the best and most house for your money. One of the most important factors is your FICO (credit) score. Do you know your FICO score? How do you stack up and what does it mean? If you are unsure I would recommend that you check out the following websites.
myFICO - This website is recommended by Suze Orman. For a small price you can find out what your FICO score is and if needed how to improve it.
CreditBloggers, Where do you rank... - This explains how and where your credit score ranks.
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