I posted a couple months ago asking about how mortgage lenders look at "recently" opened credit cards. The consensus from the mortgage experts here (including some actual lenders who read and answer posts) seemed at that time to be that "the last six months" was the important period.
(With the caveat that in theory they can see anything on your reports: thus inquiries up to two years old and all accounts of any age. The feeling was still that this was more of a theoretical issue and that most underwriters in practice focus on cards in the last six months.)
Two questions:
(1) Did I get that right? Is six months the important period?
(2) If yes, how exactly do lenders measure the cutoff date? (How precisely do they do it, down to the day?)
My last two cards were opened on 02/01 and 01/10. Does that mean if a pre-approval application were submitted after 08/03, then I would be considered as having no recently opened cards for most lenders?
