Homeloan guy said my score was 650, Is that my FICO score?

I applied threw Capital one to get a home loan for the house I have on land contract right now. He said my score was 650 and needed to be 660 to get 100% financing. So would the 650 be my actual FICO score or do they use a different scoring system? I am a member or true credit and it states my score is only 600.....

Public Comments

1. Yep, that sounds like your FICO score. There are a few different ways of calculating it, I think. Close a credit card or two and it may pop up 10 points.
2. Yeah probably so, thats usually what they target.
3. most likely...DON'T close any open accounts you have, it will most likely make your score lower
4. Usually mortgage lenders use the middle score from each of the scores provided by the 3 major credit bureaus. It is normally calculated from a formula developed by the Fair Isaacs Company, FICO. So the quick answer is that it was most likely a FICO derivative. There is more info at the site below.