When going through the loan process you should avoid opening any new credit cards. Doing this could affect your credit score and add a red flag to your loan. The same goes for closing them.
Maintaining a low balance on them is the best way to generate positive credit history.
It is the little things that make a deal go south.
Lenders do not want to see any activity that could increase your debt to income status.
Kevin Kirk
FHA DIRECT LENDER
916-367-7128
Comstock Mortgage
Ca. only
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