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How long does it take for a new mortgage to report to CBR

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Hammer23
Frequent Contributor

How long does it take for a new mortgage to report to CBR

I closed on my mortgage on 7.18.2012 and it still is not reporting on my CBR. Anyone know how long it takes to hit the reports usually?

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Message 1 of 6
5 REPLIES 5
rckstrscott
Valued Contributor

Re: How long does it take for a new mortgage to report to CBR


@Hammer23 wrote:

I closed on my mortgage on 7.18.2012 and it still is not reporting on my CBR. Anyone know how long it takes to hit the reports usually?


I closed on May 26th

 

Still not reporting.. takes months from my understandin...

 

-scott

Starting FICO Score: October 2010: TU 498 | EQ: 502
Current FICO Scores:: May 2022: TU: 784 | EQ: 770 | EX: 790
Message 2 of 6
Quips
Regular Contributor

Re: How long does it take for a new mortgage to report to CBR


@Hammer23 wrote:

I closed on my mortgage on 7.18.2012 and it still is not reporting on my CBR. Anyone know how long it takes to hit the reports usually?


Usually a couple of months - I also closed on my refi in mid July and it hasn't reported yet. My first payment is due Sept 1 so figure they will report once the first statement closes - probably will see it on the CRs late Sept, early Oct

FICO: EQ 769, TU 762 , EX ???

Message 3 of 6
Hammer23
Frequent Contributor

Re: How long does it take for a new mortgage to report to CBR

Closed on my mortgage 7.19.2012 and it just hit my credit reports TODAY! 

 

Will wait for TU to update (they are a bit slow) then I will check my Fico scores! Heres to hoping for a HUGE lift! 

WF Home Projects Visa $8500 / Towpath CU Visa $7000 / Chase Freedom Visa $5500 / Cap 1 QS Visa Sig $5000 / Barclaycard Ring MC $5000 / GE Lowes $5000 / Citi Best Buy MC $4250 / Barclaycard Rewards Visa $4000 / BFG CU Visa $3500 / Citi Sears$3000 / WF Visa $2000 / GE Walmart $1900 / GE Care Credit $1900 / GE Amazon $1400 / Cap 1 Kohls $1000 / GE Old Navy $800 / Webbank Fingerhut $700
Message 4 of 6
beb86
Valued Contributor

Re: How long does it take for a new mortgage to report to CBR

wow thats strange mine only took a month but keep in mind I closed on 4/30 and didnt have my first payment until 6/1

Message 5 of 6
Anonymous
Not applicable

Re: How long does it take for a new mortgage to report to CBR

I closed on my refinance on 8/1/12 and still no update.  I emailed my lender last month and was told they would start reporting November.

 

So hopefully sometime this month - I am guessing after the grace period has passed? (15 days in my case).

 

Message 6 of 6
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