Credit

Does opening a new credit card hurt my mortgage application if I haven't used it yet?

Asked by Genesis · Oct 14, 2025 · 290 views
I opened a new credit card last month for the sign-up bonus before realizing I was going to apply for a mortgage soon. The card has a $0 balance and I haven't used it. My lender now says this could be a problem. How much will the new account and the hard inquiry actually affect my mortgage application? Should I close the card?

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