I bought my first home in Jan.- rate of 7.8% because my scores ranged around mid 600's, I was buying it with a co-signer and I only put 5% down. I am looking to refi now, especially that I have some histroy of paying the mortgage & I did a lot of renovation to the house so I know it will appraise higher. I have a 10k limit on my home depot charge, which i got right after i bought the house, and its almost maxed out. I have about 1500 left on the credit line. All of this money was used to put in a second kitchen, expand bathroom and two new bedrooms as well. I am worried that this high credit used/credit available ratio will have brought my scores down.. Do you all think I should spend the 40 bucks to get my 3 scores/reports now or let my mortgage co. pull my credit....... or do you think I should wait another month, try to pay maybe 750 or 1k off my HD again and see what happens? I really need to try to refi ASAP cause I can barely make the payments as is..
