Your credit score is important and will be a determining factor in the mortgage process. All mortgage lenders must determine your “ability to repay” the mortgage you request, and the data contained in your credit report will help document some of your required monthly payments. The FICO credit score you receive from credit bureaus also has a direct impact on the pricing you will receive from your Lender. The higher the score the better the pricing, so it’s important you have a thorough understanding of your credit score. Your Loan Consultant at Colorado Professionals Mortgage will review your credit report with you in detail and pursue every opportunity to make sure it is accurate, resulting in the highest score possible. Here are a few other resources you might find helpful in understanding the importance of your credit score.