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Updated over 5 years ago on . Most recent reply
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Can you check qualification of loan without lowering score?
Hello BP,
I have been working on my credit for a while now and finally got a good score. I want to see where I stand when talking about qualifying for a loan. I inquired at a local bank and also quicken loans and they say they can not tell me if I qualify without running my credit which is a hard inquiry.
Is there anyway I can see if I qualify for a loan without hurting my credit score I've worked so hard on fixing?
thank y 'all in advance.
Most Popular Reply
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@Jose Gonzalez the good news is that if you're shopping lenders for a mortgage, you can shop as many as you want, within, I believe 30 or 45 days, and they all get lumped together as a single inquiry. It will have little to no impact on your score, even if you shop 20 lenders