DO NOT...I REPEAT...DO NOT CLOSE ANY OF YOUR CREDIT CARD ACCOUNTS! The longer you have had them and have paid faithfully on them, the higher your credit FICO score could be as they take this as one MAJOR piece of information for your credit worthiness. Did you apply for this credit card? Does it have a high credit limit? It may or may not hurt you. But if it does, it won't be anything major. Just don't fill out any applications for credit as the lender may look at that card and what the credit limit is and think you will be going on a major shopping spree! Tell the lender what happened.... more
Homepath financing is specific to Fannie Mae properties. Not all lenders are approved vendors of Homepath in CA you may want to contact Prospect Mortgage my contact is in Whittier if you would like her information please advise.