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Mortgage Lender doing another search?

6 replies

Adj · 08/11/2022 18:12

Question for you all…

Just wondered if any of you have had another search done just before completion? the lender has already done searches on credit file before I was given my offer, I want to start using my credit card to buy things for the house. Is this ok?

OP posts:
Adj · 08/11/2022 19:28

Bump

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Snorkle5 · 08/11/2022 19:36

I wouldn’t if I were you. They can do another search prior to completion (I asked this exact question to our mortgage broker and he said although it was rare it was possible) so I held off getting any credit prior to completion

Snorkle5 · 08/11/2022 19:36

Although saying that they didn’t do another search

Coffeepot72 · 08/11/2022 19:38

Why would they do a second search if they have already made you a mortgage offer? Could they withdraw the offer if the search didn’t go well?

mynameiscalypso · 08/11/2022 19:45

If you've already got the credit card, I don't see a problem. I've been using mine as usual (just waiting to complete). I do all my spending on my credit card usually in any event and then pay it off in full. Wouldn't occur to me not to use it! I wouldn't necessarily apply for a new card or new credit limit though

Adj · 08/11/2022 23:28

@Snorkle5 thanks for letting me know

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