We have numerous listings of mortgages as open when, in fact, they are closed. Most do show a $0 balance but still, I wonder if being listed as "open" (all with good payment status btw) can still hurt a score down the road? Does it help or hurt our score to change to "closed/paid" status with CRs? I can't see how it is good to have it appear that we hold numerous open mortgages. I know never to close an open zero balance line of credit because it can actually lower my score but am unsure if mortgages aren't different.
I think for a mortgage I would want it marked as closed and paid in full. If it looks like you have too many mortgages open, it will look like too much debt.
