04-21-2013 12:47 PM - edited 04-21-2013 02:43 PM
I don't have a mortgage and don't plan on having one. Since a mortgage figures into the FICO score, does not having one mean that there is a limit as to how high my score can go by not having a mortgage?
04-21-2013 07:20 PM
My son has an 825 with car loans only, no credit cards or mortage.
04-22-2013 04:38 AM
My son was 26 years old when I viewed this event. These were lender pulled reports. Ironically, all three reports had the exact same number.
04-22-2013 08:06 AM
On the experian score simulator, if I remove my mortgage, I lose 17 points.
So really not sure since there are people out there with no mortgage but with very high fico's (above 800)
04-22-2013 08:23 AM
I would like to thank all of you for your input, it gives me hope that I can reach my goal.