Apply for mortgage loan – keep balance on credit cards or home equity loan?

QuestionsApply for mortgage loan – keep balance on credit cards or home equity loan?
asked 3 years ago

I am preparing to sell my house and buy a new one. I also have balances on credit cards.  I am thinking of using the line of home equity (which is zero balance right now) to pay off the credit cards.  So, when I apply for the new mortgage, will it look better for me to have  balances on credit cards or a balance on the home equity loan?

 

The mortgage and home equity balances on the existing house will be all paid from the sale of the house.  My FICO score is 774.

 

Thanks.

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