My Fiance and I realized that we need to start looking for homes and need to be pre-approved for a home loan. My fiance has better credit then I do, but mine is in good standing.
We want to make sure we get the best interest rate. I just purchased an item on my credit card that would show as 64% utilization for the credit card. This purchase was made 3 weeks ago, and we are paying one item in full this week which would bring credit card utilization down to 10%. Do we need to wait a full cycle for that to be represented in our credit pull?