Repairing Bad Credit

Your mortgage credit reports with a higher impact than any other credit tradeline. Negative mortgage credit reporting can drop your credit score by 100+ points. Moreover, when consistent mortgage delinquencies report directly, the impact is even greater. This happens when homeowners are 90+ days late for long periods of time. A successful loan work out or loan modification with your lender will cease all the negative reporting. Over time, this will increase your credit score greatly.