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GrKimmie

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doesl a mortgage hard inquiry affect my credit?

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All hard inquiries will affect your credit. Usually the ding to your scores from a hard inquiry is not that bad, but it depends on how many you currently have on your reports. Hard Inquiries only remain on your reports for 2 years. Multiple Mortgage Inquiries, Auto Inquiries and Student loan inquiries will be scored as one by FICO when done within a short period of time. (they will all show up on your reports, but will only be scored as one when done in a short window of time). I believe that Fico 8 makes the time frame for this 45 days. Different versions of Fico which are still used may have shorter windows of time though, some versions only give a 14 day window. To be on the safe side, get your inquiries all done within a 14 day period so they will only be scored as one.

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