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Should you apply for a mortgage, how many points come off your credit score when the mortgage company pulls up your credit report?

dipaligopale · Joined: 25 May 2010 Posts: 790 22.70 Dollars($)

Hi curious07
approximately by 5 points.

keep in touch...

Guest

Thank you dipaligopale. Does it cost additional points for them to pull up a second time right before closing on the loan?

Niicss · Posted: Wed Jul 07, 2010 2:49 am Post subject:

Any hard inquiry (i.e credit inquiry made by the creditor for the purpose of giving any kind of loan) will have a negative affect on your credit report and reduce your score by few points.

dipaligopale · Joined: 25 May 2010 Posts: 790 22.70 Dollars($)

gmakerley · Posted: Tue Jul 13, 2010 9:38 am Post subject:

Mortgage inquiries are not particularly harmful to credit scores. If you go shopping around over a 60-90 day period and hit every company in the nation, you'll find that to be a drawback, but if you're doing that at all, you're in trouble to begin with.

king_of_treasure · Posted: Fri Jul 16, 2010 3:39 pm Post subject:

If the same lender or diffrent lenders pull within the same time (week or so) you will generally get the ding 1 time..same goes for buying a car. The CRA understand this and take it into there score

gmakerley · Posted: Mon Jul 19, 2010 2:59 pm Post subject:

Any number of mortgage-related inquiries in a 3-week period won't have any impact other than being treated as one inquiry.

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