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To many inquires?

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HopeThruFaith
New Contributor

To many inquires?

I am in the process of buying my first home. I'm scheduled to close on Monday. I know the rule is wait until the loan has funded to app for new credit. My EX 649 EQ 643 TU 693. I have two small unpaid medical bills (collection), one paid charge off. What I'm concerned with is that my lenders credit report looks like I have 8 new inquires with trying to get this mortgage loan. Will that make me ineligible for new credit? I currently have two Capitol One cards that have never been late but I also wanted a HHGreg card to get a new washer and Dryer and a Walmart card. Do you think it's possible.
Message 1 of 5
4 REPLIES 4
myjourney
Super Contributor

Re: To many inquires?

Walmart your close HH gregg not sure 

You may wish to consider Lowe's 

Congrats on the new home

Before you app think...
Have you done your research of the CC?
Does it fit your spending?
Do you have a plan for the bonus w/o going into debt?
Can you afford the AF?
Do you know the cards benefits? Is it worth the HP?
Message 2 of 5
FinStar
Moderator Emeritus

Re: To many inquires?


@myjourney wrote:

Walmart your close HH gregg not sure 

You may wish to consider Lowe's 

Congrats on the new home


+1

 

Shop around for the beast deal possible.  Optionally, there's also Home Depot (Citi).  HH Gregg is issued by GECRB/GECAP.

Message 3 of 5
HopeThruFaith
New Contributor

Re: To many inquires?

Thanks for the responses
Message 4 of 5
sailor_mercury
Valued Contributor

Re: To many inquires?


@HopeThruFaith wrote:
Thanks for the responses

Good luck and congrats!!  I'm sorry I don't have any sage advice to give on your org question.

 

When you walk into your new home the first time just do a big happy dance! Smiley Happy

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