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Final PUSH for best Mortgage Score... Need 1 question answered please

Brewmeister
Regular Contributor

Final PUSH for best Mortgage Score... Need 1 question answered please

Current Mortgage Scores - 601, 602, 670 - They take the middle score.

 

Current UTI: (21% Agg)

Amazon 0/3000

USAA 0/2000

WayFair 0/750

BofA 0/1000

Navy Federal 3375/10000 (33.75%)

 

I have the ability to pay all, some or none of Navy Federal this week before the closing date of the 9th.

 

Question: What do I pay the $3375 balance being reported down to for the best boost to my score:

 

Possible Answers:

A.) $0

B.) $3

C.) $890 (8.9% and 5.3% Agg )

D.) $590 (5.9% and 3.5% Agg)

E.) Some other amount and why

 

Final hard pull should be mid Feb so it'll have 2 months to percolate

 

I am assuming B would be best so that I still report a balance, but is 0.0003% to low?

You all are the experts and I would appreciate any advice or experience

 

You're Welcome for the multiple choice. HAHA!

 

Cheers,

Brew

Rebuilding - Starting Scores: EQ 584 | TU 580 | EX 580 (Oct. '17) --- Current FICO 8 Scores: EQ 651 | TU 664 | EX 650
$46,450 Limit




2 REPLIES 2
Adkins
Mega Contributor

Re: Final PUSH for best Mortgage Score... Need 1 question answered please

That might be too low since you've got a good limit, so it might report out 0%. It shouldn't, but I wouldn't take a chance on something so important. I would do 1% to be safe, and maximize your score. Good luck!
Last HP 09-14-2020



Message 2 of 3
Brewmeister
Regular Contributor

Re: Final PUSH for best Mortgage Score... Need 1 question answered please

I wouldn't have thought of that. Thank you!

 

F: $100 so it reports at 1%

 

Cheers,

Brew

Rebuilding - Starting Scores: EQ 584 | TU 580 | EX 580 (Oct. '17) --- Current FICO 8 Scores: EQ 651 | TU 664 | EX 650
$46,450 Limit




Message 3 of 3
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