We are waiting to close on our first home right now, appraisal done and just waiting on the final loan approval.
We have been very careful not to charge anything to our credit card during this time, haven't opened accounts or changed anything just like they've told us.
I do have a BML account that was approved and set up about 2 months, and everything I've read is that this won't report or change anything when making a purchase. This isn't a super important purchase (only about $150), but I want to be absolutely sure that it won't affect things and show on a report if the bank pulls another one right when we close.
It should be, they don't report to CRA's, hope this helps
Should be however they once did a hp for me when they should not have and took about 45 days to remove
Yeah, and I'm trying to be extra cautious just in case. I may just hold off and not bother with it.
When in the home loan process if you have to ask then you probably shouldn't do it. Even if you did it wouldn't materially effect your closing for that amount. Can always call your LO and ask them as well.