Personal » Lending Solutions » Home Loans » Resource Center » Credit Score Credit Score When applying for a mortgage, your mortgage lender will need your credit score. They will request it from all three bureaus, Equifax, Experian, and TransUnion, through a credit reporting company. The company then compiles a credit report electronically. When the information in complied into a report, a numerical score is provided. The numerical score, also known as your credit score, is a composite of your credit history, employment, savings, etc. Since the factors that make up a credit score are constantly fluctuating, a score has the ability to change frequently. Tips that may help you maintain a good credit score: Make all payments on time. Try to avoid applying for new credit unless necessary. When opening a new line of credit or credit account, a new inquiry will be added to your credit report. This could cause your score to drop. Do not “max out” your credit accounts. It is ideal to keep a balance of 40% or less of the maximum credit limit.