All Questions
5
questions
9
votes
2
answers
3k
views
Does a late mortgage payments hurt credit score if it was made within the grace period?
I'm a first time homeowner (USA) and just started making mortgage payments. My loan was sold to a different servicer within the first month of the loan, so I only made one payment to the first ...
- 232
1
vote
2
answers
274
views
Would Getting (and Paying) an Installment Loan Benefit My Mortgage Rate
I am planning to buy a house (in the US) in about 9-12 months. I've read from different resources that an installment loan may boost my credit score if I make my loan repayments on time, as this is ...
- 125
2
votes
1
answer
242
views
Removed late payment, score went down
I'm in the process of securing a mortgage. My mortgage lender pulled my credit score approximately a month ago and it came back at 695 which was lower than it has been in the past. We assumed it was ...
- 123
2
votes
3
answers
3k
views
Do lenders usually do multiple credit inquiries only a month apart?
I am in the process of applying for a home mortgage for the first time and something happened that I found a bit odd. Here's the sequence of events:
Before talking to any lenders, I get my credit ...
- 133
3
votes
1
answer
189
views
How long will it take for my credit score to reflect my name having been taken off a mortgage?
As part of divorce settlement (January 2011) my ex was required to remove me from our Mortgage and Home Equity Loan ($600,000). For 23 years we made timely payments, so there was no BAD DEBT - just ...
