Buy my camera gear here: Camera - amzn.to/3biX2Fb Lens - amzn.to/3HLwTLs Tripod - amzn.to/3xNIAfT Light - amzn.to/3yf6BOh Follow me on Instagram: instagram.com/realjaycosta/ www.realjaycosta.com
Actually - Mortgage inquiries hard pulls have a 14-45 day grace period of shopping for the best rates and only hits your score Once, no matter how many hard inquiries so long as its a 'mortgage' inquiry. The more you know...
Quick question. I had a HELOC for 6 years. The bank closed the account, with a 49k balance with a 50k limit. Always paid on time. I paid the HELOC off. It still hasn't been reported. Will I see any credit score bump?
Buy my camera gear here:
Camera - amzn.to/3biX2Fb
Lens - amzn.to/3HLwTLs
Tripod - amzn.to/3xNIAfT
Light - amzn.to/3yf6BOh
Follow me on Instagram: instagram.com/realjaycosta/
www.realjaycosta.com
Question: do you believe "velocity banking" to pay off mortgage earlier?
Not a fan. I made a video about it in the past you cna watch it here: ruclips.net/video/fHR3pdz_AFU/видео.html&t Thanks for watching!
Why does your score go down when you use the funds in the HELOC if its not factored into your credit utilization?
Because it counts as a loan. Not a credit card. Thanks for watching!
Credit scores are overrated. It doesn’t measure how well you maintain a savings account or handle money. It only measures your ability to pay debt.
True, but it does make borrowing money easier.
Yet it is the way business rolls. And low score stops one from acquiring so much or better themselves. Just reality
Actually - Mortgage inquiries hard pulls have a 14-45 day grace period of shopping for the best rates and only hits your score Once, no matter how many hard inquiries so long as its a 'mortgage' inquiry. The more you know...
Maybe, maybe not. Sometimes HELOC lenders have drive by appraisals where they are not in the house. Thanks for watching!
Quick question. I had a HELOC for 6 years. The bank closed the account, with a 49k balance with a 50k limit. Always paid on time. I paid the HELOC off. It still hasn't been reported. Will I see any credit score bump?
Sometimes those things take time to be reported on credit.