Hi all, Just noticed on my Equifax, my mortgage is reporting as an installment loan. On Exp and TU, it's classified as 'Conventional Mortgage', and 'Mortgage', respectively. Just wondering if this made a difference score wise? It causes PG to throw the amounts into a different category when they sum it up.... Thanks!
I "THINK" mine is reported FHA MORTGAGE...INSTALLMENT I would think it would be like a "HARD"---->a "HARD" is a "HARD"...a "MORTGAGE" is a "MORTGAGE"
Right - but on my Equifax it doesn't say 'mortgage' at all - just 'installment'... Wondering if that high a balance on an installment loan would lower scores...
