New Collection during mortgage process

[Anitabetterscore]

I am in the middle of a lengthy mortgage process. My lender pulled my credit on Wensday and scores were in range. I received the notice from myfico on Thursday morning. Thursday night I get another notice that my score has dropped 33 point due to a collection. I called the company first thing Friday morning and since the amount was only 97.00 I agreed to pay it for removal instead of waiting for investigation. 

My questions are:

How soon will my score go back up?

Will they go back to origional levels?

Was that the best move considering Im in the dead middle of a morgage process that may close in a few weeks?

[pizzadude]

---

@Anitabetterscore wrote:

I am in the middle of a lengthy mortgage process. My lender pulled my credit on Wensday and scores were in range. I received the notice from myfico on Thursday morning. Thursday night I get another notice that my score has dropped 33 point due to a collection. I called the company first thing Friday morning and since the amount was only 97.00 I agreed to pay it for removal instead of waiting for investigation. 

My questions are:

How soon will my score go back up?

Will they go back to origional levels?

Was that the best move considering Im in the dead middle of a morgage process that may close in a few weeks?

---

If the CA is going to delete the collection then yes, your scores will rebound to where they were previously. IMO you did the right thing since you're in underwriting now.

[Anitabetterscore]

Thank you! 

I did some research on the collection agency and didnt find any good reports. I hope they honor their word.