New Visitor
Posts: 1
Registered: ‎08-09-2013

Mortgage Loan ....

I recently went thru a divorce. My ex refinanced the house and got it out of my name. It was around $130,000. How much will my FICO Score go up?
Moderator Emeritus
Posts: 32,869
Registered: ‎08-04-2007

Re: Mortgage Loan ....

Probably not too much. Installment loans play only a small part in scoring and that's a good thing, otherwise we'd take some large score hits when adding a $100k or $500k mortgage. If I had to guess maybe a single-digit change. Now if there was a 2nd mortgage attached to that which could be scored as a HELOC then my answer might be different.

Valued Contributor
Posts: 1,863
Registered: ‎09-20-2011

Re: Mortgage Loan ....

It may actually go down.  You losing the mortage account and the installment account.  If you don't have any other installment accounts you'll lose some of your credit mix points.  Regardless it'll be a single digit change either way.

Mega Contributor
Posts: 19,107
Registered: ‎03-19-2007

Re: Mortgage Loan ....

Regardless of current scoring impact, I would still consider it a real bonus.


It removes you from any possible reporting of derogs should the account later go astray.

Additionally, providing the creditor does not choose to delete the entire account on their own initiative, it will still be included in your AAoA, and upon a manual review, will still proivde a showing of a prior mortgage loan that was positively concluded.

Posts: 9,674
Registered: ‎01-28-2010

Re: Mortgage Loan ....

Moving to understanding FICO® scoring.
March2010 FICO® ~ 695 TU, 653 EQ, 697 EX

Get a myFICO recommended credit card

Copyright ©2001-2013 Fair Isaac Corporation.
All rights reserved.

IMPORTANT INFORMATION: All FICO® Score products made available on include a FICO® Score 8, along with additional FICO® Score versions based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.