@Anonymous wrote:My SO and I are working with a mortgage broker to qualify for the USDA Guaranteed Loan program. I'm currently at a *639* mid mortgage score. Those who know about the USDA know that you need a 640 score for streamlined underwriting.... This is the score reported by Equifax and this has not changed in over a month. I was really, really hoping that I would have earned ONE POINT in the last month. I paid down all but 1 of my credit cards to under 5% utilization and still no budging. This is the most frustrating thing. We found a house that we really love and I'm petrified that someone is going to scoop it up. It's such a shame that we are being held back by OOONEEE point! I'm wondering if Equifax is just behind??? This is driving me crazy!
These are my other scores:
TU: 665
EQ: 639
EX: 626
Anyone else experiencing any lag in updating specifically for Equifax?
Suggestion: have all cards but one report a zero balance.
@Anonymous wrote:***UPDATE as of 11/8/2019*** Equifax mortgage score FINALLY changed........ I'm at a 647 as of this morning!!!! I'm probably the only person in the world excited about a 647 credit score but it's just what I needed :-)
Congrats! Celebrate every victory. Go get that HOME!
