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new home

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Anonymous
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new home

hi guys, how much will buying a new home affect your fico scores, i heard it really affects them in a good way, is this true??? thanx alot
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2 REPLIES 2
fused
Moderator Emeritus

Re: new home

Hi and Welcome! I see your question involves a new home and FICO scoring, I will be moving it to the General Credit Issues forum. GL!
Message 2 of 3
Anonymous
Not applicable

Re: new home

IMO-
The long term affect greatly out weights the short term FICO score loss.
Most of the damage is from the INQ's, Avg age and new account- I know TU seems to reward for having a open Mortgage  on yor CR.
 
Just never be late-   

aurora wrote:
hi guys, how much will buying a new home affect your fico scores, i heard it really affects them in a good way, is this true??? thanx alot



Message 3 of 3
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