Credit cards That are easy on MULTIPLE INQUIRIES

[Anonymous]

Does anyone know which bank card issuers are lenient on inquiries?  I have super credit 740-770 Ficos

but lots of inquires due to home mortgage shopping and commercial inquires on different products.

Any info would be appreciated!!!

[Anonymous]

NFCU, if you can qualify for membership.  Pulls EQ.

PSECU, if you can qualify for membership.  Pulls EX.  Provides EX FICO to members.

[Sparkz1920]

If you are a woman, try Vickies. You'll def get it with your scores, as mine are much less and i have PLENTY of inquiries. Too many.

[Anonymous]

---

@Anonymous wrote:

Does anyone know which bank card issuers are lenient on inquiries?  I have super credit 740-770 Ficos

but lots of inquires due to home mortgage shopping and commercial inquires on different products.

Any info would be appreciated!!!

---

How many INQs?

Most creditors will treat multiple mortgage inquiries in a short period of time as a single inquiry.  Their main concern are multiple "revolving credit" inquiries and/or new tradelines.

CITI seems to be INQ sensitive, as does AMEX.  I had multiple inquiries and approved by Discover with a lower FICO score than you.

As txjohn suggested, CUs are a good way to go.  And, you will normally have an opportunity to speak with a LO to explain the reasons (i.e. mortgage shopping).

[Anonymous]

Unless you have made settlement or backed out of the process, the LAST thing you want to do before closing a mortgage is apply for new credit.

[8ways2learn]

why is it that u cant apply for credit card before you close can someone please help i would like to know

[Anonymous]

---

@8ways2learn wrote:
why is it that u cant apply for credit card before you close can someone please help i would like to know

---

Any change in your credit standing whatsoever,  whether you are already approved or not, can change the nature of your mortgage application situation. App'ing for credit is a change whether it is approved or not!

[Jazzzy]

---

@8ways2learn wrote:
why is it that u cant apply for credit card before you close can someone please help i would like to know

---

When you apply for a mortgage, they calculate your DTI (debt to income) ratio. That means they look at how much money you make (income) vs. how much money you have to pay out each month in your new mortgage payment, car payment, credit card payments, etc (debt). For many people applying for mortgages, even if they have very good credit, they may already be making too many payments. This can affect how expensive of a house they can buy.

Often times during the process of getting your mortgage, you are asked to sign a document stating that you will not apply for new credit until after the loan has closed. The bank has already done the DTI calculations, and, if that changes, you may disqualify yourself for the loan.

I am a former real estate broker. I've heard of deals that have fallen apart because the person buying the new home goes out gets a loan to furnish their new house. Now...in the eyes of the bank...they can no longer afford the new house.