This is a good question. If it takes you extra time to find a house this really doesn’t hurt you. We would have to pull credit a total of three times per year at maximum so that wouldn’t do much damage at all.
If you have an alright credit score, and are shopping for a home and its taking longer to purchase, how or does that have an effect on your credit score when you finally do find a home that you want to purchase? Does the prolonged time frame have a negative impact on your chances of being approved for a home loan?
This is a good question. If it takes you extra time to find a house this really doesn’t hurt you. We would have to pull credit a total of three times per year at maximum so that wouldn’t do much damage at all.
If you have an alright credit score, and are shopping for a home and its taking longer to purchase, how or does that have an effect on your credit score when you finally do find a home that you want to purchase? Does the prolonged time frame have a negative impact on your chances of being approved for a home loan?