Posted on: 14th Aug, 2010 03:04 pm
Will a home loan modification lower your credit score by 250 just like a foreclosure?
Welcome Renee,
As far as I know, a loan modification can reduce your credit score by 100-150 points but it won't reduce your credit score by 250 points like a foreclosure.
As far as I know, a loan modification can reduce your credit score by 100-150 points but it won't reduce your credit score by 250 points like a foreclosure.