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Mortgage Hard Inquries and its impact

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shorttough
New Contributor

Mortgage Hard Inquries and its impact

Hi all,

i have applied for mortgage twice, by the same lender. Had to cancel the first application for mortgage 20 days prior to closing due to its location. Anyways.. i applied for mortgage again on a new construction loan on a different lot.

 

How would these inquiries impact me on my scores.

    Inquirer             CREDCO              (Final underwriting on our current lot)
    Date of Inquiry             08-2013   

 

 

    Inquirer             CREDCO              (pre-approval for mortgage & construction to start)
    Date of Inquiry             04-2013


    Inquirer             CREDCO              (Final Underwriting for closing on 1st home)
    Date of Inquiry             02-2013


    Inquirer             CREDCO              (pre-approval for mortgage & construction to start)
    Date of Inquiry             10-2012

 

 

EQ 729

Trans 729

Exp 676

 

thanks

 

As Of 11/11/2016

TU-793
EQ-801
EX-754
Message 1 of 3
2 REPLIES 2
AndySoCal
Valued Contributor

Re: Mortgage Hard Inquries and its impact

These would be treated as four inquires on your credit report. If the inquires were within a 30 day period they wouldf be treated as one inquiry by FICO.  This unique to Auto, Mortages and Student loans there maybe one catagory I am missing.

FICO Scores XPN v8 802 V2 831 (SDFCU) TUC 803 v8 EFX 807 (10/2023)
Discover 09/90 19,000, JCPenney 10/2008 4,700 US Bank Cash+ 12,000 Citibank Custom Cash 5/2015 11,100 C State Dept. FCU 15,000 06/2023 , 02/2024 Redstone FCU Signature VISA 10,000 Banking: Ally Bank Credit Unions: Lafayette FCU Quorum FCU State Department FCU State Department FCU Pelican State CU Redstone FCU

Message 2 of 3
foofighter74
Established Contributor

Re: Mortgage Hard Inquries and its impact

The credit inquiry in August won't hurt you until you app for something else after the mortgage is closed on. 

Message 3 of 3
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