Credit hit multiple lenders

[cameraman]

is it true that multiple credit score checks within 45 days by diff lenders will be counted as single hit and have low impact on score?

[csrcsr]

Just now, cameraman said:

is it true that multiple credit score checks within 45 days by diff lenders will be counted as single hit and have low impact on score?

If its on same purpose for example mortage and all the enquiries hard pulls are for mortgage your impact will be low there is some truth in it, as you shop for multiple lenders for a purchase like car home tappaduu

[cameraman]

3 minutes ago, csrcsr said:

If its on same purpose for example mortage and all the enquiries hard pulls are for mortgage your impact will be low there is some truth in it, as you shop for multiple lenders for a purchase like car home tappaduu

yes bro, home mortgage ki by builder gadi lender's. Did first one on august ending, decided to go to diff lender now, so still within 45 days.

[csrcsr]

15 minutes ago, cameraman said:

yes bro, home mortgage ki by builder gadi lender's. Did first one on august ending, decided to go to diff lender now, so still within 45 days.

It should be fine home mortgage shopping is very common keep shopping with rates being volatile you have to shop

Try better.com you can play around with closing costs with variable interest rates they just take last 4 i think just to get idea and you can get fair estimate what actual lenders are giving

[jersey babai]

47 minutes ago, cameraman said:

is it true that multiple credit score checks within 45 days by diff lenders will be counted as single hit and have low impact on score?

 

Correct.

Basically it shows as multiple hits on the report but your score will not get impacts multiple times.