We can hazard a much better guess if we know the following:
Not counting this new mortgage....
(1) Do you have any installment accounts of any kind on your report? (Closed or open) Examples are mortgages, car loans, car leases, personal loans, student loans, special financing to buy a sofa (washer/dryer, big screen TV, etc.).
(2) Of these, are any of them open?
(3) Of those that are open, what is the current balance and the original loan amount for each?
And finally, what will the original amount owed be on the new mortgage? (When it finally does appear.)
PS. Inquiries related to the new home loan may not be factored into your score. FICO ignores mortgage-related inquiries for the first 30 days, but then begin to count them. If the lenders have done any recent inquiries, these will not be part of your score yet.
