Established Contributor
Posts: 921
Registered: ‎12-10-2011
Re: Length of time for age of new cards before mortgage app
[ Edited ]

They will have you write a brief letter of explanation for any inquiry 6mos before you applied.


You don't have to pay your cards down to zero, but the balances should not go UP* any higher than what they were at the time of mortgage application.


No new cards after app.  You will sail along real smoothe inyour score is over 680.  May it turn out well for you also.Smiley Wink

Starting Score: 722
Current Score: Now 687 what the hockey sticks...from a 784 (Aug 12 EX 751 EQ Fico)
Goal Score: 800

If your outGo is more than your INcome than your UpKeep will become your downFALL.

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