Reply
Regular Contributor
turninganewleaf
Posts: 140
Registered: ‎08-08-2007
0

Loans and new CC's

[ Edited ]
Just curious,
 
How much time should be between applying for a new CC and applying for a Home Loan?  3 mos, 6 mos, 1 year?  What is an acceptable time line?


Message Edited by turninganewleaf on 11-06-2007 10:21 AM
FICO 8/5/10; TU 724, EQ 702
FICO 6/9/09: TU 669, EQ 658, EX ???
FICO 7/20/07: TU 540; EQ 595, EX 544
Epic Contributor
Creditaddict
Posts: 20,820
Registered: ‎10-23-2007
0

Re: Loans and new CC's

I think the more time the better... just make sure once you apply for that home loan until you CLOSE... do not do anything that pulls your credit... some mortgage companies will go and pull a fresh credit report just days before closing to make sure nothing has changed and if it has... you could be in a world of trouble to get that closing to go through.
Fico Scores: EQ- 682 DCU, TU 696 Walmart, EX 695 NASA(10-6-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Target $200
63 Cards and Counting :smileytongue:

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+
}