How does reworking a mortgage affect my credit score?
October 15, 2008 by admin
Filed under Questions and Answers
Greatone76 asked:
I could use the help of potentially reworking my mortgage to be more affordable. It is possible for me to get by without doing so. If I do call my mortgage holder and rework my mortgage for a reduced interest rate or reduced principle how does that affect my credit score?
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I could use the help of potentially reworking my mortgage to be more affordable. It is possible for me to get by without doing so. If I do call my mortgage holder and rework my mortgage for a reduced interest rate or reduced principle how does that affect my credit score?
Content
? on Thu, 16th Oct 2008 6:04 pm
Phone your mortgage company and ask them. They are sure to be helpful and might have a good deal available. Just asking won’t affect your rating.
cheeba0228 on Fri, 17th Oct 2008 4:21 am
It doesnt. You will have a mortgage credit pull listed on your report which as long as you havent gone on a credit pulling spree wont even really calculate into your score.