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Thread: CC chasing and mortgage approval
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Old Jul 14, 2011 | 10:05 am
  #26  
GoingAway
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Originally Posted by justinc848
Well.. that isn't what you said in the the post I quoted. What you stated is completely false and I stand by my original statement.

I believe the riskier person is the person that just recently opened up 5 accounts - I'm not advocating that at all.

And from my own experience of having more available credit than income and obtaining a mortgage and multiple car loans, I'd say that DTI (actual monthly debt/income), down payment, and history play more of a factor than available credit.
Assets and overall net worth come into the equation to level out the credit over income perspective, as well
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