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Mortage and higher end credit cards

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Carloscda40
Regular Contributor

Mortage and higher end credit cards

Might be a goofy question but does having a new mortage one is able to get higher end credit cards?

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2 REPLIES 2
LiamDavis
Member

Re: Mortage and higher end credit cards

Having a mortgage can improve your credit mix and thus your credit score, but it doesn't magically unlock premium credit card offers. Besides, your score might be temporarily depressed right after getting a mortgage, so it's good to wait a few months. 

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CreditCuriosity
Moderator Emeritus

Re: Mortage and higher end credit cards

Nope.  Credit history and income and good DTI are the main factors.  Sure a mortgage can help indirectly in the credit mix but certainly not needed for good cards or limits

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