We are under contract on a new build (From dirt to home) and we have an expected closing date about 7 months from now. After speaking with our intended lender, we were told we would be in underwriting throughout the 7 months. They will pull credit again 60 days from closing.
We will be speaking with the lender this week to go over the do's and don'ts during this period but I wanted to ask if anybody has experience with this. We have no intentions of opening new lines of credit (or loans) during this period but how careful should we be?
For example if we want to charge something to a credit card with the intention of paying it off immediately is that going to flag us?
Please let me know your thoughts.