CH13/BK13 Discharge - Cap1 Preapproval vs ColdApp

[FLLGuy]

Recently discharged 07/30/21 from 5yr BK 13, finally CAP1 shows me prequalify for (Plat, QS1 w/AF, Secured).  Is it worth bypassing what their "prequalify " options and coldapp straight to the QS w/o AF?  I'm grateful but man, those 3xHPs has me rethinking the whole thing.  My ultimate goal is to sell my house in the upcoming months and buy a new home under FHA (i know upfront fees) and my mortgage scores are all high 600's.   Debating if I even want CAP1 and rather wait considering my current mix but, I can't lie i'm  happy i prequalify for.  

Anyone else post BK 13 had success applying for a CAP1 outside of the "prequalify"?  Your thoughts please, feedback, opinions - what would you do?

For reference:

Filed BK 13 on 07/2016 / Discharged 07/2021

Income $150K
Fico8 EQ674 TU633 EX622

Fico9 EQ692 TU674 EX646

Current Credit Mixology: (disclaimer w/trustee approval)

• Student Loans $8000 / pay monthly / perfect history (since 2018)
• OverStock $15,750 / $390 bal (since 09/2018)
• OllO unsecured rewards $600 / $0 bal (since 10/2019)
• Credit1 unsecured no/AF $700 / $0 bal (since 10/2019)
• Lowes $17,000 / $1800 bal (since 11/2019)
• Amex Cash Magnet (AU) $15,000 / $1,000 bal (since 07/2021) *New
• NFCU secured $200 / $0 bal (since 07/2021) *New

Also have Mortgage and Auto loan (never late, not IIB) paying outide of bankruptcy but Don't report due to BK13. 

[jmw1]

Your credit card offers from the rebuild lenders will improve substantially once you have a mortgage showing on your CR even though it has little effect on your FICO scores when it shows up.  So I'd vote no on any further apps until you get your new mortgage on your CR. Scores don't matter much because the credit card lenders nowadays are doing their own modeling instead of FICO. My FICO didn't change but my offers did.

[Horseshoez]

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@FLLGuy wrote:

Recently discharged 07/30/21 from 5yr BK 13, finally CAP1 shows me prequalify for (Plat, QS1 w/AF, Secured).  Is it worth bypassing what their "prequalify " options and coldapp straight to the QS w/o AF?  I'm grateful but man, those 3xHPs has me rethinking the whole thing.  My ultimate goal is to sell my house in the upcoming months and buy a new home under FHA (i know upfront fees) and my mortgage scores are all high 600's.   Debating if I even want CAP1 and rather wait considering my current mix but, I can't lie i'm  happy i prequalify for.  

Anyone else post BK 13 had success applying for a CAP1 outside of the "prequalify"?  Your thoughts please, feedback, opinions - what would you do?

For reference:

Filed BK 13 on 07/2016 / Discharged 07/2021

Income $150K
Fico8 EQ674 TU633 EX622

Fico9 EQ692 TU674 EX646

Current Credit Mixology: (disclaimer w/trustee approval)

• Student Loans $8000 / pay monthly / perfect history (since 2018)
• OverStock $15,750 / $390 bal (since 09/2018)
• OllO unsecured rewards $600 / $0 bal (since 10/2019)
• Credit1 unsecured no/AF $700 / $0 bal (since 10/2019)
• Lowes $17,000 / $1800 bal (since 11/2019)
• Amex Cash Magnet (AU) $15,000 / $1,000 bal (since 07/2021) *New
• NFCU secured $200 / $0 bal (since 07/2021) *New

Also have Mortgage and Auto loan (never late, not IIB) paying outide of bankruptcy but Don't report due to BK13. 

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My question is, why are you inclined to apply for more credit?

[FireMedic1]

If your after a home. Freeze all apping for cards. You have enough. Pay down all the debts so when it comes to DTI. You'll be sitting really nice come loan time.

[FLLGuy]

@FireMedic1, @Horseshoez , @jmw1 

thank you helping me keep my senses and not following the carrot on the stick.  I appreciate your honest feedback, I'll admit the CAP1 confetti splashing my screen with "you're pre-approved" made an impression on me .  Nonetheless, i'll steer away and stay the course get the house.