Sponsor:

Will a credit card application today affect closing on a home tomorrow?


credit card application: Will a credit card application today affect closing on a home tomorrow? I am closing on a house tomorrow. Will my credit card application that went through today rejected, btw affect anything tomorrow? Or is it safe to ume all of the loan stuff is pretty much done, we just have to sign the papers? I have no credit history. We're signing the papers tonight, but since it is after business hours they said it will not go through until tomorrow. Does this make any difference?

Responses:
  • It is not safe to say that everything is done and you very well could have prevented yourself from obtaining a loan. You need to contact your L. O. right away and explain what you have don and that it was declined. This way they can give the information to the under writter to show your good will at being transparent in the loan process. It is always a mistake to apply for any form of credit while you are trying to obtain a home loan. If you really want to have a chance to buy a home do not do anything that will change the parameters given that you obtained your loan pre - approval on
  • You will be okay unless the lender runs a last minute credit check. realtor. sailor
  • If your credit was pulled over a month ago the mortgage company many times will re - pull before closing. Did not your loan officer tell you not to buy anything or apply for credit prior to closing? I always tell my clients that. Most likely you are fine since it is only 1 day prior to closing though. Good luck!
  • It should be done. You should have received a prelim copy of your HUD - 1 settlement statement. As long as nothing from your application has changed, job, loans whatever, you should be fine
Tags: application, tomorrow, loan, credit, closing
Follow this dicussion..


Knowledge Base

Bank Savings: I hear theyre Credit Cards which pay back a percent of what you spend. Name of Card companys?I hear they're Credit Cards which pay back a percent of what you spend. Name of Card company's?

a lot of credit cards offer this. it is called "cashback". discover offers it. it is redeemable through ultimate access rewards. or travel, gift cards, & cash. i have been using discover for years. they give up to 1 percent rebate. that's just a gimmick to get you to apply

Apr Credit Cards: Is there any way to get credit card companies to stop mailing me credit offers?Is there any way to get credit card companies to stop mailing me credit offers?

i am continuously getting these credit card offers in the mail. i am concerned both about the security risks of these as well as the trees they waste this way. what can you do to get them to stop sending them?. nope. you can not stop spam. nope. and in

Bank Loans: How and where can a convicted felon get a small business loan with bad credit?How and where can a convicted felon get a small business loan with bad credit?

bad credit? you will get loans with a very very high interest. try your local banks first. when it comes to bad credit, these financial ins utes are taking a huge risk and. government grants are what you need to start looking into. they will give you a ton of money

Free Credit: Men - have a wild guess at the average number of items a woman has in her purse at a given time?Men - have a wild guess at the average number of items a woman has in her purse at a given time?

go ahead and count each item. - coins are separate, bills are separate; credit cards separate, insurance cards; 1 cell phone sometimes more than 1; why? ; key and key - ring are. as the vw is to 27 circus clowns, so is a woman's purse to an accumulation of

Bank Loans: Would anyone else like to see a meteor hit that guy who sings the Free Credit Report dot com jingle?Would anyone else like to see a meteor hit that guy who sings the Free Credit Report dot com jingle?

if i head that jingle one more time i think my head will explode! i hate that commercial! all it does is make me worry! ack! who needs that?. god i hate that guy so fdlksjfjklsdjkf much thank you for sharing my pain. i will seriously drive my car over

Knowledge Base: Credit Cards

Credit Card Apr: How can I get a small business credit card that offers 0 percent APR on balance transfers?How can I get a small business credit card that offers 0 percent APR on balance transfers?

i own a successful small business with excellent credit rating. i need a small business credit card that offers 0 percent apr on balance transfers and / or outstanding rewards - points program. what can you recommend to me? also, is not there a web site that helps you find

Apr Credit Cards: How do you know when a credit cards 0 percent interest is up?How do you know when a credit cards 0 percent interest is up?

i have a credit card that i owe nothing on, but i am not sure if its still at 0 percent apr after the month thing. how can you find out when they shut off the percent so i can get a new credit card with 12 months 0 percent

Business Credit Card: What can I do if my credit card APR went up to 21. 24 percent?What can I do if my credit card APR went up to 21. 24 percent?

i know i did not sign up for a 21 percentapr credit card. but today i was surprised to see these numbers in my bill? is there a controlling government agency i can call?. credit card companies are being brutal and are increasing rates for everyone before the 2010 law

Business Credit Card: Anyone being screwed by bank of america credit card apr?Anyone being screwed by bank of america credit card apr?

i bank and have a boa credit card. i have never been late in the 3 years i have had this account. all of a sudden they raised their apr to 26 percent and they say they can not do anything about it. because of my revolving credit i have

Credit Card Apr: Will a credit card application today affect closing on a home tomorrow?Will a credit card application today affect closing on a home tomorrow?

i am closing on a house tomorrow. will my credit card application that went through today rejected, btw affect anything tomorrow? or is it safe to ume all of the loan stuff is pretty much done, we just have to sign the papers? i have no credit history. we're signing

Rewards Credit Cards: What is the best credit card for a first time user?What is the best credit card for a first time user?

i have never had a credit card before, just turned 25 this year and was wondering what credit card is the best to use "not saying i will get one" just doing some research on which ones are the best and which to stay away from. thanks for any help.

Credit Card Offers: CHASE CREDIT CARD:Flipping 0 percent credit cards?CHASE CREDIT CARD:Flipping 0 percent credit cards?

hi! just wanting to pick your brain here. i have a single credit card that i use to maintain good source of credit. i pay off the total balance at the end of each month so that i do not have to pay any finance charges. however, i was thinking

Knowledge Base: Credit Card Application

Credit Card Application: WHy is it taking 30 days to get a response from an online credit card application?WHy is it taking 30 days to get a response from an online credit card application?

i applied online yesteray for my first credit card and they said i would get a response within 30 days. why does it take so long? is it because i have no credit and it was a student credit card? also, i said i had both savings and a checking

Credit Card Application: Is there a credit card application that will give you an immediate response?Is there a credit card application that will give you an immediate response?

i just recently came back from vacation and am going on another in approximately two weeks, where extra funds would be nice to have. i am curious to know if there is a legitimate key word online credit card application that does not take 30 days to give a response.

Student Loans: How can I get Capital One to stop cheking my credit score and sending me credit card application?How can I get Capital One to stop cheking my credit score and sending me credit card application?

i have encountered the same problem. it never ends. i have called, sent back the mail that they forwarded, with a letter. no go. i guess it works for them. i say cancel the card. that's exactly what i am going to do with mine. i am still very mad at

Bank Card: What can i do to get a credit card application approved with bad credit?What can i do to get a credit card application approved with bad credit?

well, i had a credit card about a year ago which i never paid for but am doing so now, i want to get a credit card application aproved, what can i do?. very little with crappy credit. you can get a cap 1 with a 200 - 300 limit and

Credit Card Apr: Will a credit card application today affect closing on a home tomorrow?Will a credit card application today affect closing on a home tomorrow?

i am closing on a house tomorrow. will my credit card application that went through today rejected, btw affect anything tomorrow? or is it safe to ume all of the loan stuff is pretty much done, we just have to sign the papers? i have no credit history. we're signing

Credit Card Application: Is requesting an increase in a credit card limit treated the same as an application for new credit for FICO?Is requesting an increase in a credit card limit treated the same as an application for new credit for FICO?

i know that applying for a new card will reduce my fico, and that increasing credit limits while keeping debt amounts constant will increase my score - but this would not be the case if requesting the increase in credit limit is treated as a new credit card application?. no.

Bank Savings: What should I do if my credit card application was denied?What should I do if my credit card application was denied?

i just tried submitting an online application for capital one after receiving an offer in the mail but it was denied right away. i read somewhere that your credit score

Knowledge Base Categories: