De-duplicating, or "de-duping", is a well-known phenomenon in the auto loan industry, whereby a bunch of inquiries by auto lenders over a short period of time are considered a single inquiry for credit scoring purposes. The credit bureaus do this because they recognize that car buyers often shop around for the best interest rates, which means they get multiple inquiries by different banks and other lenders.
But does that happen in the mortgage lending industry, too? I've been shopping around for a home equity loan or HELOC, and as a result I've suffered several recent mortgage inquiries. Will they get de-duplicated like auto loan inquiries?
