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Recent CC Inquiries effect on FHA mortgage approval

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jay0
Established Member
‎04-07-2015 09:58 PM
‎04-07-2015 09:58 PM

Recent CC Inquiries effect on FHA mortgage approval

Does anyone know how mortgage lenders view recent inquiries (credit card) and also new credit card accounts. I have added two new accounts in the last month with 5 new inquiries, I was planning on applying for an FHA mortgage soon (1-2 months) Has anyone ever ran into trouble with lenders regarding recent inquiries/new accounts?

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jay0
Established Member
‎04-07-2015 10:19 PM
‎04-07-2015 10:19 PM

Re: Recent CC Inquiries effect on FHA mortgage approval

anyone have any insight here?

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frugalQ
Valued Contributor
‎04-08-2015 06:07 AM
‎04-08-2015 06:07 AM

Re: Recent CC Inquiries effect on FHA mortgage approval

Will just require a letter of explanation for the inquiries.
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