Your VantageScore reason code report

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P54: Amount of balance paid down on open real estate accounts is not too low

Explanation:

A real estate loan can be a first mortgage, a home equity loan, or home equity line of credit. The amount that has been paid down on your open real estate accounts is high. Paying down a high amount of your real estate loans increases your score.

What you can do:

As monthly real estate payments are made, a portion of the outstanding principal balance is reduced, benefitting your score. Whenever possible, further pay down balances on your real estate accounts. Over time this will also have a positive impact on your score.
 

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