cancel
Showing results for 
Search instead for 
Did you mean: 

Mortgages, credit cards & authorized Users

tag
BenTramer1978
Regular Contributor

Mortgages, credit cards & authorized Users

So my friend and her Husband are looking to buy a house in 2 years. She has 3 cards and he only has 1. I know the Fico scoring system wants 3. So the question is if she makes him an authorized user on 2 of her cards will that be good enough?

Message 1 of 2
1 REPLY 1
ShanetheMortgageMan
Super Contributor

Re: Mortgages, credit cards & authorized Users

3 probably will be fine, but with planning so far ahead of time I'd recommend more than 3.  I'd recommend 5-6 cards each and authorized user cards are fine, but would still recommend they each open their own.  Open them, use each at least once every few months, pay in full and repeat.  

Free Mortgage Advice & Pre-Approvals (FHA, VA, USDA, Fannie, Freddie, Non-Prime, Construction, Renovation/Rehab, Commercial) since 2002
Located in Southern California and lending in all 50 states
Message 2 of 2
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.