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briali13

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How does selling a rental home affect credit?
Just sold a rental home and am thinking having this loan paid off/closed will help in the Debt to Income department, but from what I've read this could potentially hurt my credit because we won't be making the payments any longer? We still have our current home mortgage in good standing.

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If you still have an open mortgage in your name, then it should not hurt your scores too bad if any at all. You might expect to get different results as to what happens between the three different credit scores. Also, make sure you are following your FICO scores.

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