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06-16-2016 06:40 AM
I was awarded judgment of $562 through the courts of suing my ex landlord and on counter claim the judge awarded same amount to him and we both signed a satisfaction of judgment, when the judgments are entered will this affect my mortgage score not my FICO 8? This was small claims court in AZ and I don't think I can get this vacated because no appeals in SC court. I'm going for a mortgage in Dec and want no hiccups_this was just yesterday! I responded to a post yesterday with this and haven't received any responses just yet.
I plan on going VA and dropping down our deposit on a new build tomorrow and completion expected in December, I understand that I can show the lender the letter of satisfied judgment and explanation (lenders care about items that show unpaid or unwilligness to satisfy) and that should suffice but I worry about a fresh judgment affecting mortgage scores. Admin, please move if this is the wrong forum (but does pertain to mortgages). I know this will impact my FICO 8 !!
06-16-2016 02:58 PM
If the judgement is on there at all it will affect all flavors of FICO.
You want it gone completely, I'll request this thread get moved to the Rebuilding forum where it's better addressed in terms of actually getting that accomplished.
06-16-2016 04:21 PM
|EX 08 Fico: 729||TU 08 Fico: 735||EQ 08 Fico: 740||Total Credit Line: $128,600||Utilization: 6%||Inquiries:||EX-6||TU-7||EQ-5|
07-28-2016 12:10 PM
By reading these forums I was able to get some great information on how to go about vacating a judgment and.......................SUCCESS! Thank You
No more worries about my VA Loan being impacted
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