topic Re: Mortgage still not reporting almost 4 mos in Mortgage Loans

Mortgage still not reporting almost 4 mos

Anonymous — Wed, 23 Oct 2013 02:02:23 GMT

I closed june 28th and my mortgage still isnt reporting on my credit. Is that normal? I know it was sold to jpmorgan chase immediately after we closed...
I want to see the real estate section on my credit report without the zeros!
Thanks in advance for any responses!!

Re: Mortgage still not reporting almost 4 mos

fot1 — Mon, 28 Oct 2013 01:37:18 GMT

Mine took 3 months.. sounds like that is normal.. Don't think you are far enough past the 3 months range to worry yet..

Re: Mortgage still not reporting almost 4 mos

frugalQ — Mon, 28 Oct 2013 02:15:39 GMT

When I refinanced last year, it took 5 months for the new mortgage to report.

I don't think you are at the worry point yet. 😄

Re: Mortgage still not reporting almost 4 mos

Cubist — Fri, 08 Nov 2013 16:21:48 GMT

I closed on July 15th & my mortgage hasn't been reported yet. I sent a secure message to Chase to inquire about this. I got this back:

When we acquire a loan, we don't report past-due payments 
or charge late fees loan for 60 days from the first 
payment date. Your loan was closed on July 15, 2013 with 
the first payment due on September 1, 2013. Chase will 
begin reporting your loan to the major credit bureaus in 
November 2013. It may take an additional 30 days to 
update your credit report.