Don't just shop by ISD reputation - actually go look at the individual scores and histories when you get ready to purchase.

Hello all, my credit score is around 700  and I plan on buying a multi-family when I graduate in 3 months and living in one of the units.

After I received your post, he went to Wells Fargo and found a very enthusiastic loan officer to work with on a 3% down loan.Harjeet Bhatti my son has not yet graduated, but he did score a job delivering pizzas...

Score!

However, my credit score is over 730.

I was reading the reports a while ago and there is part where it explains what factors raise and lower my score.

-Other than the mortgage on the house I have no debt and credit score of ~830.

The terms for an Investor LINE of credit are:24 month termInterest only paymentBorrower pays all closing costsBorrower pays a .50% origination feeMaximum 75% loan to value on single family residences70% loan to value Townhomes or CondosRates for credit scores over 725 are prime (currently 3.75%) +.50% to .75% depending on debt to income ratiosThe terms for an Investor Mortgage (fixed);5 or 7 year termPrincipal and Interest PaymentAmortized over 15 yearsRate for 5 year 4.75 – 5%Rate for 7 year 5.75% - 6%Borrower pays .50% originationBorrower pays all closing costs

Keep in mind to have it re-fi'd, you'll need to qualify i.e. fit the bank's criteria for credit score, debt to income ratio, etc.

I know hard inquiries drop your credit score.