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Paying mortgage early

DOes paying my mortgage 1 or 2 weeks early raise my credit score? by rwilliamson456 from Cicero, Illinois. Oct 16th 2019 Reply


James Barath (JamesBarath)
#9 ranked lender in Indiana - 352 contributions

Paying your mortgage early before the due date has zero impact on your FICO score. The simple act of paying the mortgage on-time will. If you are looking for ways to improve your FICO score, focus on your revolving debt (i.e. credit cards).

Oct 16th 2019
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Sara Deere (Mortgagequeen2)
#16 ranked lender in Missouri - 594 contributions

I agree with the previous answer. Paying your mortgage early before it is due has no connection to raising your credit score. The overall debt versus credit limit is what affects your credit score. Try to keep your revolving debt below 30% of the credit limit at all times, make your payments on time, and always pay a little extra than the minimum payment.

Oct 16th 2019
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Dave Skow (daveskow)
#16 ranked lender in Washington - 281 contributions

this has no affect on your credit scores

Oct 16th 2019
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