Reply
Established Contributor
Posts: 569
Registered: ‎11-10-2012
0

What kind of score change would I see once my mortgage reports?

Are my scores likely to increase or decrease with a new mortgage?

 

My TU has 1 paid collection (property tax oversight) from 2012.

 

My EX has 2 paid medical judgments from 2010 and 1 paid collection from 2012.

 

My EQ has 2 paid medical judgments from 2010 and 3 paid collections that are all 6+ years, but recently paid. All 3 were updated prior to payoff.

 

All CR have 20+ inquiries due to major app spree in November 2012, car purchase in December 2012, and mortgage apps in July 2013.


Starting Scores: (4/16/12 lender pull) TU 596 | EX 550 | EQ 576
Mortgage Scores:(7/24/13 lender pull) TU 663 | EX 635 | EQ 649
Current Score (11/7/14): TU 664 | EX 605 (no update) | EQ 661
Goals: Removing a $30 30-day late mark on my CR in November 2014 because I was too nice to a friend. Last app 7/16/14 (auto loan)
*** Homeowner 9/27/13*** All but 2 CCs are in the sock drawer!***
Moderator Emeritus
Posts: 32,869
Registered: ‎08-04-2007
0

Re: What kind of score change would I see once my mortgage reports?

YMMV. I've lost points when my first and only mortgage reported on perfectly clean CRs, but it seems most are more likely to see a gain.

Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. 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.