Gain a complete understanding of how mortgage loans impact your CIBIL score with this in-depth guide. It explains the mechanisms behind credit scoring and how mortgage loans fit into the equation. Learn about the immediate effects of applying for a mortgage, such as hard inquiries and the addition of a new account to your credit report. The guide details how regular, timely payments can positively influence your score, while late payments or defaults can lead to significant drops. Additionally, it covers how the overall loan amount, repayment period, and loan-to-value ratio are considered in your credit assessment. Get tips on maintaining a good credit score through prudent management of your mortgage loan and other financial obligations.