How Does a Mortgage Affect Your Credit Score?
A mortgage is likely to boost your credit if you make payments as agreed.
When it comes time to buy a house, few people can afford to pay entirely in cash.
Most opt for a mortgage, or a home loan. Like all major lines of credit, a mortgage will appear on your credit report. This is probably a good thing: A mortgage can help build your credit in the long run, provided you pay as agreed....