Score

mmedov01

Hello,

 Well i wanted to know what happens in this situation. We are under contract and doing paper work for mortgage. We were pre-approved before getting something. So this is the situation. My husband had a very high score over 800 and about 2 months ago we found out his scroe dropped to 730. The reason was that two companies on his credit report filed some wrong information. So basically it was a mistake. We took care of it and have letters stating that is was taken care off and will be removed from his credit report within 30 days. So my Q is should i provide the letters to my mortgage broker?? 

 

Thanx

Rita 

chrisnjay05212010

i would absolutely send them to your mortage broker. You want them to know that there were errors on his report. And the higher his score the better you interest rate would by. I think its better to be safe and send the letters then to wait and see what they get when his report is pulled

honey&badger

chrisnjay05212010:

i would absolutely send them to your mortage broker. You want them to know that there were errors on his report. And the higher his score the better you interest rate would by. I think its better to be safe and send the letters then to wait and see what they get when his report is pulled

Ditto.  Send the letters.

curlylocks3

I would send them with your preliminary application.  When we were filling out our final paperwork we were also able to see which credit scores our lender used to calculate our rate, so if you notice an issue there you could resubmit the letters then as well.

mmedov01

Thank you everyone for your reply. I will be sending the letters today