Your credit score really does matter....based on early 2012 interest rates, a mortgage applicant with a FICO score of 620 will be offered, on average, a rate 1.4 percent higher than if their score was 720.  Over the life of a $300,000 mortgage, the difference in total cost would be $91,080.   (Information provided by REBAC)

The point?  Take the time to check your credit report before making mortgage application...