I have 9 days til closing on my house and a debt from 2005 just popped on my credit today!!! It's with AFNI...$363. Mortage Already ran credit twice, what's the chance they'll run my credit again before closing on the 28th? Id pay it but u think I could have them report to have it removed asap before lenders check my credit again???? Total bs, need advice ASAP please
When did your lender last pull your credit? It is common these days for lenders to pull your credit right before closing, but if they just pulled it a second time you might be in the clear.
When I was pre approved they pulled on January 6th then they pulled again on the 7th of this month for the real application... so should I ride it out til the 28th or could I get it removed before hand u think?
I doubt you'll be able to do anything about the negative mark that quick. However, since your lender already pulled your credit score twice this month, there's a good chance they won't pull it again if you're closing next week.
When we bought our house 3 years ago, they pulled our credit the day before closing as part of the closing paperwork that we had to sign. (I know this since we had to sign each and every page of our credit reports at closing and it showed the date the reports were pulled.) Hopefully they won't pull your credit again, but there is a slight chance that they may. Good luck.
Well how long before they pulled ur credit report before they pulled again day of closing? Was it longer then 30 days???
So my lender said I was Approved n something about they throw it in a loan pool n a bank ends up getting loan but he said I was most definitely approved... Sooooo does that mean I'm in the clear? I close next week, could I expect anymore surprises?
I hope so, but you can never really rely on the loan coordinator because they'll almost always tell you what you want to hear. It's the underwriters who are calling the shots behind the scenes. Since you're closing within the same month that they already pulled your credit scores twice, I think you still have a good chance they won't pull again.
So I just signed the closing documents on my house... but my realitor said they might pull my credit once more tomorrow before funding the loan. I thought once i signed i was locked in... should i worry?
Yes- your lender could still pull your credit after you signed the docs. The underwriter can basically do whatever he/she wants. I still say that you have a good chance they won't since it's been less than 30 days since the last pull.
