Impact of multiple deals on credit score
1 Reply
Kirsten Milliken
Rental Property Investor from Portland, ME
posted about 1 month ago
I am in the process of doing a cash-out on a rental property while also looking to buy a new home. Last month I refinanced my primary residence. Before I submit applications and give permission to pull my credit score, I want some insight into how having my credit pulled multiple times is going to impact my score.
Should I have each one pull it at the same time? Wait? Have the most important one pull it first? Or can banks share a credit report?
Sam Abazari
Lender from Chicago, IL
replied about 1 month ago
Hi Kirsten,
you can have multiple pulls within a 45 day time frame without any effect on your credit score. Hope that helps.