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Lowes Approval - Day After Closing on a New House

chaos51
Regular Contributor

Lowes Approval - Day After Closing on a New House

Hey all,

 

I haven't been as active on here lately, but I've been trying to catch up on everything. DW and I closed on our new house yesterday, and once we verified everything was good to go with the title and mortgage company, I hit up Lowes. I decided I might as well hang on to some cash and use the 0% for 24 months that they're running now. I applied from my phone and was instantly approved for $6,000. I called into credit solutions right after the application and asked for $20k and was countered at $17k. It took about 10 minutes total from inital approval to hanging up with credit solutions.

14 inqs on TU / 717 fico 8

 

lowes.jpg

 

Total Revolving Credit Limit: $306,900
Pay Over Time Limit: $85,000
Fico 8 Scores: Ex: 751, TU 751, EQ 741
Message 1 of 7
6 REPLIES 6
AllThingsInTime
Established Contributor

Re: Lowes Approval - Day After Closing on a New House

@chaos51

 

Super Congrats on your new home and your Lowes approval!!! Smiley Very Happy

 

$17,000 in 10 minutes is good money when you can get it.

I have no doubt that it will come in handy now that you own

a piece of Americana. You should be very proud. Very well done! Smiley Very Happy

 

Congrats again on your success. Thanks so much for sharing! Smiley Very Happy

Message 2 of 7
Cred4All
Valued Contributor

Re: Lowes Approval - Day After Closing on a New House

Congrats on the approval / CLI / home purchase!  I'd suspect a new grill is in order too Smiley Tongue.


Message 3 of 7
19eighty5
Senior Contributor

Re: Lowes Approval - Day After Closing on a New House

Congratulations on your closing and new Lowes account!

FICO 8 (Feb 2018):EX- 519, TU- 530, EQ- 545
FICO 8 (Mar 2020):EX- 689, TU- 665, EQ- 670
What's in my wallet:



On the chopping block:

Message 4 of 7
chaos51
Regular Contributor

Re: Lowes Approval - Day After Closing on a New House

Thanks everyone! DW and I are really excited. Luckily the house we bought is move-in ready, so everything we're doing is really a facelift and we're going to do everything slowly over the 20 days from closing to moving day.

Total Revolving Credit Limit: $306,900
Pay Over Time Limit: $85,000
Fico 8 Scores: Ex: 751, TU 751, EQ 741
Message 5 of 7
chaos51
Regular Contributor

Re: Lowes Approval - Day After Closing on a New House


@Cred4All wrote:

Congrats on the approval / CLI / home purchase!  I'd suspect a new grill is in order too Smiley Tongue.


We actually had the best sellers possible. They left us a grill, two couches we liked, a fire pit we liked, and even had a "welcome" basket waiting for us with wine, glasses, etc...

Total Revolving Credit Limit: $306,900
Pay Over Time Limit: $85,000
Fico 8 Scores: Ex: 751, TU 751, EQ 741
Message 6 of 7
CreditRebuilder2020
Frequent Contributor

Re: Lowes Approval - Day After Closing on a New House

Congrats! Wow...$17K Spending limit. 

 

That's a beast and congrats on the house. You must be riding high right now and you should be! 


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Jan of 2017 Credit Karma: 404 -SEPT OF 2018: EX 652 EQ 626 TU 604
AUGUST OF 2019 1% UTL - EX 681 EQ 667 TU 659
Total Credit Limit: $21500 -
Goal Score: 675 for all FICOS (ACHIEVED EX)
NEW GOAL SCORE: 725 for ALL FICOS
CURRENT MAY of 2021: EX 692 EQ 696 TU 706
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