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Mortgage HPs

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Mortgage HPs

We recently applied for mortgage pre-approval with 4 CU’s we are members of. It looks like all 4 used different reasons, none of which are mortgage. We applied for 4 to give ourselves the best shot with the understanding of all mortgage apps with 14 days would count as 1 HP. Now it looks like all 3 CB’s have 4 new pulls. Is there a way to get these re-coded? How can I verify that they in fact counted as separate HPs?
RBFCU Premier $25K, Sam’s Club MC $25K, Citi Exec WEMC $34K, Alliant Signature $20K, SSFCU $20K, Cap1 Venture $20K, Employer CU LOC $20K, Navy GoRewards $18K, 2nd NFCU Plat $14.7K, Citi Simplicity $18.2K, PenFed Power Cash $10K, PenFed PLOC $10k, Navy Platinum $12.7K, SMG $10K, PenFed Promise $12K, Total Rewards $8.5K, Discover It $2.5K, Discover It $2K, Cap One QS1 $850, Overstock $32K
Message 1 of 3
2 REPLIES 2
Frequent Contributor

Re: Mortgage HPs

Perhaps you're mis-understanding when it's quoted as saying it's counted as 1 HP within 14 days. As you've noticed you will in fact see a new HP for each lender you apply with. However, when it comes to Fico scoring these will only be counted against you as if it were 1 HP. I am not sure what you mean for 're-coded' my assumption is these come up as mortgage inqueries?  I wouldn't be too concerned with the numbers of inquiries as these are easily explained as rate shopping.

Message 2 of 3
Frequent Contributor

Re: Mortgage HPs

The key is that none of thos pulls negatively affected your scores. 

Message 3 of 3
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