Continuing Education course. Course number varies by state.
This course provides an introduction to understanding the FICO scores currently used by the majority of mortgage lenders to determine consumer credit worthiness.
Designed for the real estate professional, this course explores:
- How credit reports are developed
- How FICO credit scores are calculated
- Which data is used in determining a consumer’s credit score
- The proper steps involved in correcting erroneous credit data contained in a consumer credit file
The course focuses on useful, hands-on information used by credit grantors to assist the consumer in maximizing their FICO scores through use of Internet-based software tools.