Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!


Posted in Credit Report
Profile Image

Question By

0 Contributions
0 People Helped
how will my credit change with removal of mortgage & home equity loans
I'm divorced and my ex bought me out. The problem is my name still remains on the first mortgage loan with BMO Harris Bank and on the home equity loan with Amalgamated Bank of Chicago. My ex recently put the house on the market to be sold. Once the house is sold and the two loans are paid, my name will be off both outstanding loans on my credit. How much of an impact will this have regarding my credit score and will I have a good chance of purchasing my own home?

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.


Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.