I took out a mortgage in 2000 from Wells Fargo and it was sold that same year to one of their affiliate companies. It is reported on my CR as a mortgage, but as an installment equity loan after it was sold. I only discovered this years later and have sent repeated requests to WF to correct the loan classification as it was originally a mortgage. Am I correct in thinking that a real estate mortgage is a better classification than equity loan in terms of the FICO score?
