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Are construction loans reported to credit bureaus?

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Valued Member
‎12-02-2008 08:15 AM
‎12-02-2008 08:15 AM

Are construction loans reported to credit bureaus?

I am in my second month of a construction loan on our new home.   Nothing shows up on credit reports.  

 

Should they?   Do I want them to?

04/01/08 EQ 622 EX 630 TU 598
09/88/14 EQ 754 EX 749 TU 741
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ShanetheMortgageMan
Super Contributor
‎12-02-2008 08:51 AM
‎12-02-2008 08:51 AM

Re: Are construction loans reported to credit bureaus?

Most do not because a construction loan is temporary in nature but it's up to the mortgage lender if they want to report or not.
Free Mortgage Advice & Pre-Approvals (FHA, VA, USDA, Fannie, Freddie, Non-Prime, Construction, Renovation/Rehab, Commercial) since 2002
Located in Southern California and lending in all 50 states
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