Another mortgage on CR- Help or Harm

[williewonka]

I have a mortgage with a local bank on a rental property, it does not report to any CB. The balance is about the same as when I closed on the loan, about 16 months ago, maybe $1500 less or so. It's a 15 yr loan. The bank said if I wanted them to, they would report it, so it would be 16 months of positive history. I've got decent scores, all 680+ now, and a reasonable mix of account types. Do you think this  mortgage reporting would be a good idea or not?

[williewonka]

Bump

Anybody have an educated opinion? Anything to back it up?

[Anonymous]

Typically I would say yes.  If you were looking at purchasing more property in the near future, there could be some DTI benefits to the debt not showing, but they will probably ask somewhere if you have any other mortgages?  If they do and you say no then it is fraud. 

Again, probably you want it showing.