Re: I see many vs angel card here. Got a question.
10-12-2012 02:42 PM
Will your credit score go unchanged if it's a soft pull only, or will it take a ding from the new card reporting? I'd love a VS card, but we're in mortgage underwriting right now :-p
From the pull, no, from the addition of a new account and drop in AAOA, yes, most likely. If they pull your credit again in the mortgage process they will be able to see the new account, which may geek up the process. Underwriters are just looking for an excuse to make your life h*ll . Don't give them one.
Short answer: NO VS CARD (or any card) DURING MORTGAGE!
Wait until closed & funded, then app away
Score: 702 (Discover approval 08/03)
Goal: 800 Club
Picking up my intro spade and stepping in the garden. Let's grow some pretty roses!