I just brought a new home
2006-09-22 12:56:02 · 4 answers · asked by kirkan1@verizon.net 2 in Business & Finance ➔ Credit
a year or so. It might actually go down a bit at first due to the size of the loan, but it will increase over time.
2006-09-22 13:04:41 · answer #1 · answered by Anonymous · 0⤊ 0⤋
You shouldn't watch your credit score like you watch the stock market. There are many things they look at to arrive at your score. It's not just house payments, but all your credit card accounts that have to be paid on time. If you make the house payments but default on a credit card, owning a house does you no good. Give yourself a year of solid payments on the house loan, and next year you'll probably see a bump up.
2006-09-22 20:02:50 · answer #2 · answered by Arnold M 4 · 0⤊ 0⤋
pay more than the min.and update and pay old ones first and on time then every six months an update.
2006-09-22 20:04:39 · answer #3 · answered by pirateron 5 · 0⤊ 0⤋
it may take a while since your debt to income ratio is high
2006-09-22 20:04:32 · answer #4 · answered by maisyday07 3 · 0⤊ 0⤋