Shall I take credit builder loan before mortgage?

[Anonymous]

My credit score is 750 to 760 (citi/discover/credit karma) but it is only 4 years old. credit is based on 4 credit cards and 1 secured credit builder loan 4 years ago (so only 5 accounts in total)

I am preparing to get mortgage in 3 to 6 months - and should I apply for secured loan to help my mortgage/credit score ?

Thanks

[Jnbmom]

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@Anonymous wrote:

My credit score is 750 to 760 (citi/discover/credit karma) but it is only 4 years old. credit is based on 4 credit cards and 1 secured credit builder loan 4 years ago (so only 5 accounts in total)

I am preparing to get mortgage in 3 to 6 months - and should I apply for secured loan to help my mortgage/credit score ?

Thanks

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No I wouldn't . You shouldn't be applying for anything if you are preparing for mortgage.

[CreditCuriosity]

Agree with above posters advise.  You have a solid enough profile and the UW/Loan officer will let you know if they need anything else from you when you choose a lender when you are ready for a mortgage.

[SouthJamaica]

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@Anonymous wrote:

My credit score is 750 to 760 (citi/discover/credit karma) but it is only 4 years old. credit is based on 4 credit cards and 1 secured credit builder loan 4 years ago (so only 5 accounts in total)

I am preparing to get mortgage in 3 to 6 months - and should I apply for secured loan to help my mortgage/credit score ?

Thanks

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No you never want to apply for any kind of new credit in the runup to a mortgage.

[Anonymous]

Thanks everyone!