FICO Credit Scores – What is a FICO Score?

One of the things that will become a factor when you are applying for a mortgage or home loan is your FICO score. In fact, lots of acronyms tend to get tossed around in the credit industry and this is one of them. So what is a Fico Score? In a nutshell, it’s your credit score, but let’s take a more detailed look at it.