and a chargeoff that I thought was taken care of is still there. The account itself is showed as Closed (Paid) on Equifax and my lawsuit with regards to it had it completely removed from TU and Exp. Since it showed on Equifax as Closed (Paid), I left it alone, thinking it was better to let sleeping dogs lie and it also appeared to be a positive item. Unfortunately, under the payment breakdown, there are three chargeoff periods listed for 2005 for Oct, Nov and Dec. My Eq score is 701, TU is 801 and Exp is 789. In this current lending market, will this stop me from getting the mortgage? I do have settlement paperwork from my lawyer showing that mitsubishi and the CRAs settled with me to avoid court and that I was compensated for it. I'm hoping that if it even comes up, I can explain it to the underwriter and give them copies of the settlement in my favor. Ideally, with my other two scores so high, I'm hoping it's not an issue at all. Thanks!
My broker says if I have anything over 700, documented income, and not too high a loan to value ratio on the property, I will get the best rates out there. In my case, I am over 700 but have 3 bad marks from credit cards that caused me to come to this forum originally. Those bad marks have been taken care of but they are still on the report. Since they are paid off they don't matter. Your scores are sky high. I can't imagine you having a problem, but I really am not an expert... just passing on my experience with my mortgage. bushka
Thanks bushka. After I'm done with the mortgage process, I'll have to contact my attorney again and talk to him about suing equifax...again...for failure to execute the settlement.
I think you're fine. Your middle score is in the high 700s, and everything is paid. I don't know all of the new changes (and they probably change every day), but I suspect a lot of brokers would be drooling on your report.
