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Did your credit score raise after a mortgage?


simplysilky
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Typically you will see your mortgage scores go up after 6 months reported on time payments. Check to see that the mortgage company is reporting the correct amount of months. Sometimes banks will sell the loan in 30-60 days so the first payment/s may not be reported unless you make an effort to get them reported.

Then with 12 months reporting you will see more of an increase. Plus the inquiries that were counting against you will also stop "hurting" your scores.

Lastly, these are mortgage credit reports. The online credit reports are not typically weighted towards mortgages or autos, just a way for you to "keep score" in general.

Charles

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