Do mortgage inquiries hurt my credit score?
Answered by Onias Derilus, Mortgage Capital · NMLS# 1859012 · Florida licensed mortgage broker
Only slightly, and rate-shopping is protected. Multiple mortgage inquiries within a 14-to-45-day window count as a single inquiry, so comparing lenders won't stack up damage.
A single inquiry usually costs just a few points and recovers quickly. Shop confidently — we'll pull your credit once and you can compare offers without extra hits.
How mortgage inquiries work
A mortgage inquiry costs only a few points, if any. Better still, all mortgage pulls within a short window count as one. So you can shop rates freely.
That window runs 14 to 45 days depending on the scoring model. Rate shopping will not wreck your score.
Shopping smart in Florida
Do not fear comparing lenders. The scoring system is built for it. Gather your quotes within a few weeks and it counts once.
We encourage you to compare. Bring other quotes and we will show you the true cost of each, apples to apples.