Credit Card Center Advertiser Disclosure

Valued Member
Posts: 35
Registered: ‎05-07-2007
0 Kudos

Good Mtg Co. to refi with & how soon do GW letters & payments show up on reports

I am planning on refinancing my mortgage which is currently 80/20.  The 1st mortgage is interest only.  My scores are (I pulled them all this month at different times-EX was pulled today) -
TU-653, EQ 657, EX 684.   After I pulled TU & EQ I sent (via planet feedback) letters to Capital One, Household Bank, Beneficial, 1st Premier and Trustcorp Mtg if they would remove payments made in 2003 & 2001 when I was 30 days late (2001 my husband was activated USAF after 9-11, and 2003 my sister had died suddenly).  I was wondering how long it would take to hear if they would be removed or not.  I did notice, however, that my Trustcorp mtg history on EX today did not show any past due payments at all - so I don't know if they were not listed on EX to begin with - or if they have already been removed.  I can pull the other two reports to see if they have come off - but I wanted to give it time to come off before I check them.  Shouldn't scorewatch send me something if those late payments come off?  I also moved my debt around so my util will be less than 30% on one acc't with the other accounts paid off.  I did that the first week of July - should that show up the end of July?
Also - anyone with recommendations on mtg companies would be greatly appreciated.  We may be adding on to our house with an addition (if it appraises high enough) so that would be something that the mortgage company would need to be able to accommodate. 
Thanks for all the information!  Lynn
Regular Contributor
Posts: 244
Registered: ‎04-16-2007
0 Kudos

Re: Good Mtg Co. to refi with & how soon do GW letters & payments show up on reports

I am not a mortgage professional, but I would think that your scores are good enough for a decent re-fi rate.  It sounds like you have no current lates, and I think, but I am not sure, that the lates from 2001 and 2003 are barely affecting your score at this point, if at all.  As far as mortgage lates, the mortgage companies look at the last 2 year's history, so 2001 and 2003 shouldn't matter for the re-fi.  Good luck.

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
‡ Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.