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Frequent Contributor
Posts: 270
Registered: ‎08-18-2013
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Asking for CLI before mortgage reports.

[ Edited ]

OK so my mortgage isnt reporting yet, im guessing it wont report until may 1st when my first payment is due. Should I try and get CLI increases now before it hits, and if I do, do I need to put down the mortgage even though its not on my CR? IM sure thats the honest thing to do. But my mortgage is rather high (approx 8400 a month) and im sure that would make a difference between getting a CLI or not. I really dont need the higher limits. Im just trying to get them higher just "because". I wouldnt mind a higher limit on my CSP or my Citi prestige. But other than that I really dont care about the rest. I would just like a very high limit card that I could buy a car on or something and earn points. But my mortgage is through Chase so I guess they can see it regardless of it being on my credit no? Thanks!

 

 

Edit, not sure if this should be in the credit card forum or mortgage forum. 

Amex Platinum NPSL (with option to carry) I JP Morgan Ritz 50k I Citi Prestige World E 35k I USAA World MasterCard 35K I Chase Sapphire Preferred 25k I Barclays Arrival World Mc 25k I Barclays Arrival+ World E 25k I B of A Cash Rewards 20k I Chase Freedom 10K I Lowes Business 42k I Chase Ink 21K I B of A World Points 20K
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Senior Contributor
Posts: 30,161
Registered: ‎02-07-2013
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Re: Asking for CLI before mortgage reports.

[ Edited ]

For CLI's your asked 

Income 

Rent or mortgage amount

Is there any additional income you wish to include such as assets

That's it

 

Oh and ask now before the new TL reports ....good luck

This point should be stressed more here an app spree should not be encouraged because its not for every profile
A thick file will support more apps at one time while a thin file may see negative reaction to this process

IMHO 4+ at one time is to many for a new file and it should be kept to 1-3 a year but we get caught up sometimes in seeing the little wheel spin and the words approved
Frequent Contributor
Posts: 270
Registered: ‎08-18-2013
0

Re: Asking for CLI before mortgage reports.


myjourney wrote:

For CLI's your asked 

Income 

Rent or mortgage amount

Is there any additional income you wish to include such as assets

That's it

 

Oh and ask now before the new TL reports ....good luck


Yes I have seen that. Should I put the new mortgage in there even though its now showing up yet? 

Amex Platinum NPSL (with option to carry) I JP Morgan Ritz 50k I Citi Prestige World E 35k I USAA World MasterCard 35K I Chase Sapphire Preferred 25k I Barclays Arrival World Mc 25k I Barclays Arrival+ World E 25k I B of A Cash Rewards 20k I Chase Freedom 10K I Lowes Business 42k I Chase Ink 21K I B of A World Points 20K
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Valued Contributor
Posts: 12,959
Registered: ‎08-13-2013
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Re: Asking for CLI before mortgage reports.


awp317 wrote:

myjourney wrote:

For CLI's your asked 

Income 

Rent or mortgage amount

Is there any additional income you wish to include such as assets

That's it

 

Oh and ask now before the new TL reports ....good luck


Yes I have seen that. Should I put the new mortgage in there even though its now showing up yet? 


I would wait till it shows up on your reports first before i used it.

Old user name newportguy*** Current Score: myFico EQ - 830 (07/16/2015) Discover TU Fico - 833 (04/03/2016) EX Fico - 831 ( 04/01/2016 ) ******* Amex - BCP 10 K * Discover - IT 22.5 K * U.S. Bank Cash + Visa Signature 15.3 K * PenFed - Cash Rewards 5 K * Amex - GDSM 5 K ******FICO 800 Club Member ******* EQ 830 *** TU 832 *** EX 821 ***
****** Last HP & New TL was March 6th 2014 *** GOAL: No HP's or New TL's for 2 + years and 830's Scores ******

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