topic Pulling Scores for Mortgage in Understanding FICO® Scoring

Pulling Scores for Mortgage

ironchef — Tue, 11 Feb 2020 20:03:33 GMT

Ideal AZEO balance for mortgage pulls??

any info will help.!! Got Pre approv by FBC for a Freddie mae on a New Construction loan 3.5% and my current Mortgage score is 760++ and UT is prob 4-6% now . I will SIgn July1st to start building then close 8 months later so they will pull 2xs in 10 months closing march 2021wondering what the right numbers are .

Thanks ..

Re: Pulling Scores for Mortgage

SouthJamaica — Tue, 11 Feb 2020 21:05:18 GMT

@ironchef wrote:
Ideal AZEO balance for mortgage pulls??
any info will help.!! Got Pre approv by FBC for a Freddie mae on a New Construction loan 3.5% and my current Mortgage score is 760++ and UT is prob 4-6% now . I will SIgn July1st to start building then close 8 months later so they will pull 2xs in 10 months closing march 2021wondering what the right numbers are .

Thanks ..

The optimum revolving utilization number of accounts for your mortgage scores is to have one card reporting a small balance while the others report zero balances. Make sure the one you're relying on to report a balance is not a Chase card, because Chase reports off-cycle if an account is paid down to zero.

Re: Pulling Scores for Mortgage

Anonymous — Tue, 11 Feb 2020 21:48:33 GMT

Yes, reporting AZEO for mortgage is very ideal.

Re: Pulling Scores for Mortgage

ironchef — Wed, 12 Feb 2020 01:49:07 GMT

thank you for your input. This gererally is how i have my accounts