05-13-2013 09:55 AM
We are waiting to close on our first home right now, appraisal done and just waiting on the final loan approval.
We have been very careful not to charge anything to our credit card during this time, haven't opened accounts or changed anything just like they've told us.
I do have a BML account that was approved and set up about 2 months, and everything I've read is that this won't report or change anything when making a purchase. This isn't a super important purchase (only about $150), but I want to be absolutely sure that it won't affect things and show on a report if the bank pulls another one right when we close.
05-13-2013 09:59 AM
It should be, they don't report to CRA's, hope this helps
05-13-2013 10:40 AM
05-13-2013 10:45 AM
05-15-2013 07:31 PM
When in the home loan process if you have to ask then you probably shouldn't do it. Even if you did it wouldn't materially effect your closing for that amount. Can always call your LO and ask them as well.
05-15-2013 09:15 PM
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.