@dragontears wrote:
@SouthJamaica wrote:
@dragontears wrote:So I recently sold my rental property resulting in the mortgage being reported as paid/closed. As circumstances would happen I received notification of the closed loan well away from the reporting of any of my cards.
Contrary to popular belief my FICO 8 decreased a few points. I still have an open mortgage, auto loan and 2 personal loans. Original amount for the now closed mortgage was 161k
Don't ask about reason codes as myFICO doesn't supply them when your score is >800.
Sorry I don't know what "popular belief" you feel you have challenged here.
Popular belief I am referring to is that closing loans have no effect on FICO 8 unless there is a change in total loan utilization. You have posted that belief before....
Sorry, but I don't have that belief.
I did have a recent experience where closing a few of my open loans seemed to cause an increase in EX FICO 2 but not in EX FICO 8, and I did report that.
But I have no belief about the effect of closing loans.
And btw... my beliefs are not always "popular" 
