Forgotten Your Password?

Need to Register?

Question Icon

Can a credit report be used with a different fha loan number

by alex.derough995 from Sacramento, California. Oct 23rd 2014 Reply


Barb Lanis (BarbLanis)
#69 ranked lender in Illinois - 679 contributions

If you mean an FHA Case Number because you are using another lender, then no. Each lender must pull their own credit report.

Oct 23rd 2014
0
0
Dave Metsker (DaveMetsker)
#35 ranked lender in Oregon - 2,318 contributions

The FHA case number associated with an appraisal may be transferred to a new lender, but the first lender must release it. If the appraisal has expired (120 days), the a new number will be assigned for the new appraisal. There is no issue about a credit report. The new lender will pull their own, just so they can obtain any updates, due to changes.

Oct 23rd 2014
0
0
William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions

Your credit report is good for 90 days in most cases.. so it's possible you can use the same credit report if you were purchasing one home, and for whatever reason, that deal fell through and you purchased another.. If your going back to the same lender then, most likely they would use your existing report assuming you close within the 90 days of your credit report being run. If your using a different lender, then they will require a new report. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Oct 23rd 2014
0
0
Subscribe to our news feed.