The Mortgage Files

Nationally syndicated mortgage news and advice from Senior Loan Officer Scott Sheldon.

Scott Sheldon's The Mortgage FIles Blog

Why Applying For A Mortgage Does Not Automatically Tank Your Credit Score

By Scott Sheldon / March 8, 2015

There is a fair amount of misconception that applying for a mortgage causes your credit score to drop each time. Not the case. The sole act of having your credit report in conjunction with submitting a loan application to a mortgage company does not automatically constitute a reduction in your credit score. Here’s the skinny……

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