2 Thoughts on How do I shop for home loans without hurting my credit?
  1. Reply
    Amanda H
    February 5, 2014 at 11:16 am

    Pull your own scores and talk to the mortgage specialists about your basic situation and see what they can give you.

    Then if there are a few you like, make sure you contact them all within a day or two, becuase ‘shopping’ is not as bad as multipple inquiries spread out. IF they all pull your credit within a week or so, its not as bad as if they did it spaced out– the credit bureaus try to view it as though you ARE mortgage shopping, not applying for 10 differnt things.

  2. Reply
    February 5, 2014 at 11:23 am

    If you get several similar “hits” on your credit at around the same time, the credit bureaus view them as one “hit”. You will drop a few points, but you can easily bring that back up by paying your mortgage on time! 🙂

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