Foreclosure - how will it affect score
My current FICO is 780. I have 2 unsecured lines of credit I use on occasion equalling $100,000 available credit. I have 3 mortgages. I have 1 car loan. All perfect.
If I default on one of my mortgage and it ends up foreclosure, what can I expect my FICO to drop to. Also, if all my other accts stay good and no other bad items, how long will it take for my FICO to get back to at least high 600s.
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