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Updated over 5 years ago on . Most recent reply

User Stats

74
Posts
12
Votes
Manasseh Arnold
  • Rental Property Investor
  • Latham, NY
12
Votes |
74
Posts

Lender just pulled my credit...Do I go check with others?

Manasseh Arnold
  • Rental Property Investor
  • Latham, NY
Posted

I am in the process of wanting to purchase my first investment property.

Ive never applied for a loan before but have been building my credit for some time..

The lender just pulled my credit.. Should I go get other quotes and in doing this will it hurt my credit even more? I'm also a veteran and am looking for a 0% VA home loan.

Thanks BP it is greatly appreciated

Most Popular Reply

User Stats

546
Posts
270
Votes
Elise Marquette
  • Lender
  • Frisco, TX
270
Votes |
546
Posts
Elise Marquette
  • Lender
  • Frisco, TX
Replied

@Manasseh Arnold Mortgage inquiries impact your score very minimally- usually only one to two points. Additionally, if you have multiple mortgage inquiries within a 30 day span, it counts as only one inquiry. I wouldn't necessarily recommend having 100 lenders pull your credit, but enough to shop around for rates

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