For the past two years my wife and I have been doing some serious heavy duty credit card churning to rack up miles.
In the back of my mind, I figured that it was probably going to disqualify me from being able to refinance.
However, the recent significant drops in rates gave me the urge to at least try. I’m happy to report that I was recently approved for a refinance despite all of the heavy duty churning. They of course had a lot of questions about the amount of cards and amount of inquiries. I told them flat out the reason for it and we were still approved.
I know that each situation is different but thought that I would share my recent experience. Hello sub 4% for 15 years!