Need help timing credit after house closing?

indiasnowden — Fri, 04 Feb 2011 01:17:09 GMT

I am supposed to close March 3rd. Is there a general rule for applying for a Home Depot/Lowes account type card after closing on a house? Would the same rule apply for other cards as well? I would like to get a Home Depot/Lowes/Arhaus/Value City /Levins type mix started. Not necessarily all of those and not necessarily at the same time. Is there a general rule for how many you can apply for at one time? Maybe someone can start a "Credit after Closing" guide.

I have one CapOne NoHassle with a $500 limit

I have an Orchard with a $300 limit (would like to get rid of this)

I have an auto loan which I am aggressively paying off this year.

My income is $39K

My mortgage will be about $51K

My Mortgage payment is going to be $295ish before taxes and insurance.

Any suggestions? Thanks

Re: Need help timing credit after house closing?

DI — Fri, 04 Feb 2011 01:21:45 GMT

Apply after you get the keys to the house. Anytime before that, you risk losing the loan as credit reports are pulled right before closing.

Re: Need help timing credit after house closing?

vish1 — Fri, 04 Feb 2011 01:38:39 GMT

topic Need help timing credit after house closing? in Credit Cards

Need help timing credit after house closing?

Re: Need help timing credit after house closing?

Re: Need help timing credit after house closing?