Explore essential mortgage information including the process of applying for a loan, understanding your FICO® score, and the importance of savings for a down payment. Learn how the loan application process has evolved, now emphasizing speed and efficiency, with lenders utilizing digital verifications. Discover what a FICO® score is, how it's calculated by credit bureaus like Experian, and its impact on your loan terms. Additionally, gain insights into the initial steps of home buying, starting with how your savings influence your down payment options.