To remove or not to remove

[daninicole]

About ready to shop for mortgages. Originally it was gonna be hubby on his own but DTI was too high for the home we wanted. I will be added. Mortgage broker pulled credit and told hubby he had scores and I need about 15 points. So my question is will removing myself from two accounts that I am an authorized user on help to give me the 15 or so points that I need? The one account is my parents and they have good payment history but the utilization is very high. The second is my husband's and I don't really want to remove myself from that one since I use the card and pay for it and we try to keep the utilization sort of low and can get it lower if needed to. So I am leaning toward just taking myself of parent's cards and keeping myself on hubby's card unless I get info from here that it would be wise to take myself off of both cards.

[ezdriver]

It seems that you have no tradelines of your own and you really should have two or three. I'd recommend that you drop the au on your parents tradeline and secure a couple of your own. If you are going to be on a mortgage application, an underwriter will be wanting to see that you have a couple of tradelines. Authorized user accounts don't impress underwriters.

[daninicole]

Thanks!! I actuallu have trade lines (student loans and car loans) but no CCs. I don't have money to pay huge chunk on student loans or car loans so I just wanted to know how if removing myself as authorized users will help give me that 15 to 20 point boost that I need.