Some words of wisdom:
"You make money when buy a home not when you sell one."

What Makes Your Credit (FICO) Score

Here are some of the factors that will make up your credit score...

35% = Based on Payment history (on-time payed or delinquencies with more weight given to current accounts)

30% = Capacity (What amount of credit do you have)

15% = Length of Credit (your total history)

10% = Accumulation of debt in the last 12-18 months (number of inquiries, opening of new accounts in that period)

10% = mix of credit installment accounts (raises your score) vs. revolving accounts (lowers your score)

Thank you courtesy Brian Gibbons, Prime Lending (formerly CTX), 829-8555