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1 Contributions 3 People Helped

Member Since: July 2013

Most Helpful Contribution

Would a mortgage transfer affect my credit?

May 16, 2014
Same thing happened to me
Helpful to 3 out of 3 people

My credit score took a serious dive this month. The only thing that changed was our mortgage loan company sold our loan to a new lender. Will the credit score increase again or at least get back to what it was? I see that this is common, and unfortunate for individuals, but I'd love to hear from folks who have had this happen before. Thanks.

Activity (1 Total Contributions)

Would a mortgage transfer affect my credit?

May 16, 2014
Same thing happened to me
Helpful to 3 out of 3 people

My credit score took a serious dive this month. The only thing that changed was our mortgage loan company sold our loan to a new lender. Will the credit score increase again or at least get back to what it was? I see that this is common, and unfortunate for individuals, but I'd love to hear from folks who have had this happen before. Thanks.