Hey all! So after a year of fixing my finances and my wife and I fixing our credit from the low 500s to 690 for me and 720 for her we are officially closing on our home in a week from today! We screwed up our credit profiles pretty bad in our 20s, and once we hit 30 we decided enough is enough and hit the ground running to fiz our situation for the better.
I was thinking that on the day we close, both of us applying for new cards for "home use." We've both been gardening for around 8 months now. Would this be a bad thing for our scores? I'm assuming our scores will drop from the loan raising the DTI, so i figured we'd go ahead and apply the day we close before any statements cut.
