Understanding FICO® Scoring

[appstate]

I just paid off 3 credit cards in the last 30 days... roughly about $6700.  I now have 1 CC with a balance of $2750 (Discover).

We're looking to buy a house and we getting ready to speak with a lender.  Will lenders be able to see I recently paid off 3 credit cards?

[bettercreditguy1]

Only after the cc companies send in their updates, usually a few days after the next statement.

[RobertEG]

While often not shown on most commercial credit reports available to consumers, creditors report monthly balance history as part of their reporting, and thus a creditor can  determine prior balance/payment profiles.

With respect to mortgage loans, lendors traditionally go beyond CR reviews, and also look at debt to assets ratios, which directly takes the same info into consideration through the reduction in cash assets that were used to pay any debt.  I imagine they could choose to do both if their manual review was that detailed.