@DallasLoanGuy wrote:it affects the score.... and indeed affects the automated underwriting approval as well since automated scores the credit itself. this per fannie mae back in 2006. back then they claimed to not look at the mortgage trimerge score and scored the credit using their own criteria.
conceivably, an iffy file would have a better chance if the cards were not all maxed out.
+1 those maxed out cards would not look good, especially if you are borderline on scores.
July 2013 score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+
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Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!
June 2017 update: All scores over 820, just pure gardening now.