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Will paying off my house hurt my scores?

My wife and I are planning to build a new home. We are selling our home but we have enough to pay it off now. I was thinking of paying just a chunk down on it to lower interest, last month's interest was $395. I am wary that paying the house will hurt my score. I have a loan on a truck at $13,700 and another car at $2k. New construction will be 4 to 6 months from now. by andersbr402 from Alameda, California. Jan 25th 2022 Reply


Joe Metzler (JoeMetzler)
#1 ranked lender in Minnesota - 4,636 contributions

You have nothing to be concerned about in that short of a period. I lend in MN WI IA SD and ND. Find me at Joemetzler.com - Cambria Mortgage, NMLS 274132

Jan 25th 2022
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