Having your credit pulled for a mortgage should not have a substantial impact on your credit score. Most lenders treat all mortgage inquiries as a single inquiry as long as they are done within a specific time frame (usually 30 days). This allows you to shop around and get your credit pulled from multiple lenders without hurting your score. Without looking into your credit, a lender cannot approve you for a loan or give you an accurate rate quote. The rate you are given is determined by a myriad of factors, including credit.
We encourage all homebuyers to shop around for a mortgage and get pre–approved with different lenders. Morty’s platform can make this easier, providing you access to loans from multiple lenders with a single credit pull.