Valued Contributor
Posts: 1,107
Registered: ‎02-15-2012
Re: Ok, so, advise please, ;)

I just closed this week on a refi. In my case, and YMMV, they specifically looked at accounts that were in the 6 months or less range. They look at new credit. There were comments added to the app by my mortgage broker regarding them. There was nothing said about the accounts I opened in Feb and Mar. 


Will apps prevent you from getting a mortgage? Not necessarily, but you also have new young file. Personally, if it was me I would try and age the accounts 6 months. 


DH and I had mid scores around 715 and 725 but we had established older credit accounts to go with the new credit. 

Starting Score: 693 TU FICO, 679 EQ FICO
Current Score: FICO 8 = 844(9/15) EQ, 827 TU, 811 EX (7/15); mortgage FICO= 758 (9/15)EQ5, 797 TU4, 748 EX2 (7/15)
Goal Score: 750+, but shooting for the 800's
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