Quicken loans closing

[Anonymous]

So my wife and I will be closing with quicken towards the end of July. We started the underwriting process in early June , at the time everything was good good to go as far as are first credit pull. This morning we looked at a refreshed report on my wife's credit and it's showing a 1200 dollar unpaid collection. We're tryin to figure out if quicken will pull our credit again before closing and if we pay the collection and have proof of payment for underwriting will we still be able I close? An opinions and answers would be appreciated tks

[Booner72]

some people don't have their credit repulled and some do. The day they went to fund my loan (after closing) they repulled.

If your scores didnt go down below the approval mark, and you can pay it, it might be okay, I recommend talking to your LO "off the record" to see what she/he says.

Good Luck!

(Be sure to Opt Out so that this hopefully doesn't happen again). Google Opt Out and you can do it online - it prevents collection agencies from seeing what you are doing with your credit- prevents the CRA's from selling your information.

[Anonymous]

Tks boomer, just nerve racking