No. of Recommendations: 0
The poster is going to build a home and get the financing for that. The poster also has a credit card offer in hand for 0% interest for almost a whole year. The poster would like to take advantage of the lower interest rate on their credit card obligations, but doesn't want to do so if it seriously hampers their building loan application. Two separate issues going on.

Oh. Since you received a credit card offer for 0% interest for nearly a whole year, you must have excellent credit scores. So applying for the credit card will probably--but not certainly--not make a dent in your scores.

Other than that, I agree with PosFCF regarding the builder and his business practices. If you have a loan pre-APPROVAL--not just pre-qualification--letter from another local lender, what's the builder's problem except that he's missing out on the revenue from the loan and he doesn't like that.

Catherine Coy
Mortgage Broker
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