For myself I too paid off about $35,000 in debt recently. Thanks to the VA finally paying me my retroactive payment at 100% level disability going back 7 years. Geez. Anywho, Navy Federal Credit Union who is doing my VA Home loan told me it takes about 30 days for the credit bureaus to update records and FICO scores. And to wait at least two months before filling out my pre-approval application. Needless to say my FICO score jumped by 50 points to 802 in two months, and I will be moving into my new home. Yeah!!!
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