So, my parents are in the middle of the mortgage process and our state runs a "Good Credit Rewards" program. If you have a score of 680 or higher, you only have to pay 0.50% down up-front on the home purchase. The mortgage broker we're working with gave them a sheet showing which cards they needed to pay down so that they could qualify for the program.
They're in the process of doing so, but I was wondering if it would also help them to possibly ask for a (soft pull only) CLI? Would that further help lower utilziation? Would it possibly hurt their scores in any way as far as available credit ratios and so forth?
