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Quarkette

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Why would my score drop almost 40 points after buying a house if only my husband is on mortgage?
We bought a house in Feb. Because I'm at a new job, my income couldn't be used for our mortgage application. My husband is the only one on the loan, but I am on the deed. My score dropped almost 40 points! Is this normal? My other balances are better than they were when I pulled from the bureaus 10 months ago (new here).

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It could be from other things, have you looked over your reports for any changes. Have you checked your FICO scores to see what they have done? Did you apply for a mortgage loan at all and get "hard inquiries". Sorry I don't have a good answer, but that is what I can think of off the top of my head.

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