drop scores

[babbles]

Can anyone tell me why they think my scores dropped w/ EQ because of a closed mortgage that is transferring to another lender? My score dropped 12 pts in 10 days through EQ and the only activity was just that. I have excellent credit w/ the other 2 files. Thanx.

[ShanetheMortgageMan]

Whenever there is a new trade line, for the first 4-6 months the scores usually drop a little... then after that period the scores should be back to where they were, and after that should be higher (assuming all payments are on time).