 TITLE: Does a Mortgage Hurt Your Credit? CONTENT: How a Mortgage Can Benefit Your Credit Score\n--------------------------------------------\nThese early dips in your credit score are minor compared with the potential upside a mortgage can have for your credit. To understand this more clearly, consider the factors that go into calculating your FICO® Score☉ :\n*   **Payment history**: A typical mortgage provides the opportunity to make 30 years' worth of on-time, credit-building payments.\n*   **Credit mix**: By managing a mix of installment loans like mortgages and auto loans as well as revolving credit card accounts, you show your ability to handle different types of credit.\n*   **Length of credit history**: Although a new mortgage works against this metric, over the life of the loan, your mortgage becomes a long-term account that shows longevity.\nThe sheer size of a typical mortgage can also play in your favor. Make on-time payments over the life of the loan, and the positive influence your mortgage has on your credit will be long-lasting. END