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Credit Score Dropped 11 Points due to inquries - No Longer Qualified for FHA?? PLEASE HELP!

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natesezgoblue
Valued Member

Re: Credit Score Dropped 11 Points due to inquries - No Longer Qualified for FHA?? PLEASE HELP!

if youre stament is cut in the next few days its very likely that they'll report that to the CRA within the next 10 days or so.  you may not need to do a rescore. 

Message 11 of 12
kimmiller112
Frequent Contributor

Re: Credit Score Dropped 11 Points due to inquries - No Longer Qualified for FHA?? PLEASE HELP!

Insurance inquiries are usually soft pulls, which would not have dropped your score.  I'm pretty certain it is the high utilization that caused the score drop.

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Message 12 of 12
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