Gotcha! The Amex and Credit One are new accts. The Chase and Discover are 1 year old. So this is probably the issue. Too new. I figured with the guys I see on here with 640's and 3 old collections that my new accts wouldn't hurt that bad. My DTI is ok. My house payment is $1620 a month. I don't have a car payment. I am a C Corp so my business expenses are seperate and I pay myself a salary so lenders don't know what my business expenses are and shouldn't be an issue. I have regular utility bills like everyone else except in the summer my electricity bill is close to $1k. Its 113 here right now and I have both AC's on 74 degrees. Lol! So yea... New accts must be it.
Yep... I think that may be it. Seems you have a bit of a thin file and fairly new credit... plus, your current utilization is ~18% based on the balances you listed in your inital post (now, that's really not that high but may be viewed as high by a creditor for a thin file -- PenFed once told me my 11% util was too high soo...whatevs).
Good thing is they still approved you -- you have your foot in the door so just give Navy some love for a few months. Use the card / cloc often -- then hit them up for a CLI. With your income, I think you'll do well
Tending my Garden til 2/2021
I will definitely come back and update once things change. And don't worry... I am probably just as or more average than you. My wife is the go getter. If it was up to me I'd buy a trailer and try for disability or something. My back and knees are killing me from flipping houses and years of playing and coaching youth football. My wife tho... She can't sit still. Has to be doing something at least 16 hours a day. I'm way lazy and a slouch. Lol