An additional component of your credit score is your credit worthiness. This is a data point that predicts the likeliness that you will pay your bills on time or fall behind in payments. You won't see this number since its part of a credit-reporting bureau's secret, credit-scoring model, but this is important to lenders who make the assessment of whether to loan you the money. Like it or not, it is an indication of your level of risk to a lender: "What kind of track record does this person have in paying loans on time?"
Another thing to understand is that the relationship between credit score and credit risk is dynamic and changes over time. So the risk associated with a 700 score last year is not the same as the risk with a credit score of 700 this year. And it's risk that the lender fundamentally cares about, not the score. Also, even though your credit score and credit worthiness might be stable, conditions beyond your control — market conditions, a bad recession — could affect everyone's credit worthiness, not just yours. This is certainly true today in our financial crisis that has affected major aspects of our economy — namely, jobs and housing. So, that fabulous credit score that got you loans in the past may have changed as the "bar" for a good score shifts upwards and out of reach as lenders pull in and loan less.
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"We are returning clients, we returned for the friendly atmosphere and how we were able to come in at any time. The experience was even better from them moment we walked into the door we felt like a part of your family. It was so nice to be able to drop by anytime and have access to computer and printers, we never felt like we were putting anyone out. We were actually able to talk to Chip when we needed to. So when it came time to purchase a new home there was no questions in our mind of the Realtor or office that we would use. It was wonderful to be able to have such a smooth transition. Thanks again Real Estate Market Place for making us part of the TREMP family again. We love you guys!!!"