Andover, MA · Member since 2015 · 103 posts · 13 votes
Whenever a person buys a property, they have to go through credit score checks right? So how does investors buys houses like every month. Does bank check the credit score every time they buy or how does it work? Because if that's the case, that's gonna pull your credit score down so much right?
A credit check has an incredibly minimal effect on your score. The reason you want good credit in the first place is for the very reason of lenders pulling your credit so they will lend you money.
@Russell Brazil Thanks for letting me know. I was scared to shop for multiple lenders when I bought my house because I was scared that it's going to pull my credit score down