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Christine
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Username: Christine

Post Number: 1510
Registered: 09-2002
Posted on Tuesday, October 21, 2003 - 05:24 am:   Edit Post Delete Post Print Post    Move Post (Moderator/Admin Only)

This was prior to the refi. To avoid Private Mortgage Insurance (PMI,) the refi was structured as an 80% 1st mortgage and a 10% Home Equity Line Of Credit (HELOC).

Unfortunately, HELOCs are REVOLVING accounts and are included in Fair Isaac's Balance/Limit Ratio.

That's why the main reason for the "low" 725 score in September is the B/L ratio.

1/7/03 - trimerged mortgage report with the 785 Equifax

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