Brokers, Closed Mortgage Account on Equifax - Date Satisfied? 30 November 2018 at 2:12PM in Mortgages & endowments 1 reply 252 views

pavacava

I had a mortgage for 15 years, paid off when I sold house this March. On Equifax the mortgage account shows as settled, but under "Date Satisfied" it shows 20/03/18, the date the house was sold.

My account never had any missed payments or arrears, so should a health mortgage account ever show anything in "Date Satisfied" especially when no default or delinquent info is showing?

I was wondering if any brokers, or anyone, could advise if it is normal to ever have anything in Date Satisfied for a mortgage?

I was under the impression satisfied was very bad? I was hoping to apply for a mortgage in January, so I need to know if I should get this fixed.

kingstreet

No. Settled/satisfied are interchangeable.