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Will applying for store credit mid-mortgage application cause problems?
tealip09
Posts: 1 Newbie
We are mid-mortgage application and are needing to purchase an item ASAP!! However the mortgage being held until our current product runs out end of July. Will it effect the mortgage if we get the store credit ?
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Comments
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Possibly.
No new credit between application and completion!I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0 -
I believe so!0
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It will not help in anyway and even if there is only a 1% chance it might harm, why risk it?0
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