Many who are looking to purchase a home remain focused on only one thing when they go to visit mortgage companies for the first time – the amount of money they have saved for a down payment. While that money is very important, another factor that is often overlooked (and has a very important impact on whether buyers can secure a loan) is an individual’s FICO score.  A FICO score is determined based on an individual’s credit information. FICO then uses analytics to predict the individual’s behavior, which lenders use to determine whether or not someone can qualify for a loan or not. Here’s a brief overview of how FICO scores are determined and what the score ranges mean.