Score Dropped After Payoff

[RLZQ0581]

I'm in the process of building a new construction home. My closing date will be mid August. When I started the process I owed about $50 on one credit card. I have no other debt. I had $33 left to pay and I paid it off the other day and my scores dropped by 38 points! I have not updated my mortgage scores yet but I believe I still qualify but I would like to get my scores back up so that it will not affect my rate. Can anyone tell me the best way to go about doing so and how long will this take. Will I be able to fix this before closing in August?

[JoeRockhead]

You got hit with the all zero penalty. Easy fix, let a small balance report on at least one card ($10 for example)... Your scores will bounce right back.

[RLZQ0581]

What a relief! Thank you for you quick reply