Is your mortgage showing up on your credit report?

A Clark Howard listener wanted to know why a lender wouldn’t report his mortgage loan and payment history to the three major credit reporting bureaus. He was hoping his on-time payments would be reported so he could improve his credit.

One caller to the Clark Howard show says non-conforming lenders, like sub-prime lenders, often don’t do this precisely because it keeps you from improving your credit. And if you improve your credit, you’ll go with a cheaper, conventional lender next time instead of with another B/C lender.

Is this true? If you’re a mortgage professional, or if you know something about this topic, email Ilyce Glink.