Mortgage Underwriter Wants to remove all my authorized User accounts for True Score

[Anonymous]

I am in the middle of underwriting, now I have been told they want me to pay $525.00 to have my authorized user accounts removed for the true score.  I have been on my husbands Capitalone Secured with an 800 limit since8 2013, Macys - $800 cl since 2013 Dec,and zales since Feb 2014.  Will removing these accounts drop my scores?

[apeydee416]

I would venture to say yes, that changes your average age of accounts.

Thats so odd that they want you to do that, I haven't heard of that being a request when spouses have access to each other cards.

[Anonymous]

I know... I am wondering should I pull the plug or just go ahead and let them do it.  This is Cross Country Mortgage putting me through all of this..

[mynameainttracy]

I'm curious, why would you have to pay $525?

[apeydee416]

I know.. calling and having yourself removed through the creditor is FREE.

Something there is shady, shady, shady.

[Anonymous]

My sentiments exactly, why do I have to pay all this money only to be potenitally denied.  They work with CBC-Innovais

[mynameainttracy]

To remove yourself an an AU just have the cardholder call and have you removed. I wouldn't give a dime to anyone else to do that.

[StartingOver10]

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@apeydee416 wrote:

I know.. calling and having yourself removed through the creditor is FREE.

Something there is shady, shady, shady.

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Agree with apeydee.

Sounds like they are trying to charge him for rapid rescore after the AUs are removed. They aren't supposed to do that at all. It is a lender expense not a borrower expense.

I frankly think the OP ought to find another lender.

[bigblue7722]

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@mynameainttracy wrote:

I'm curious, why would you have to pay $525?

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i was thinking the same thing if you an AU you dont have to pay a penny

[Anonymous]

That's exactly what it's  for. They want to rapid rescore. I asked is this an expense that they can pay for?  Loan officer said no.  I wish i could find the legal documentation  to prove It.  I accepted because  they led me on this far... I'm so upset.  I am now working  with quicken while cross country mortgage downers grove il, figure out what else they can make up to charge me.  Quicken makes me ferl comfortable too.