How Does a Mortgage Application Affect My Credit Score?

January 14, 2022

Many borrowers will be surprised to learn that submitting applications for multiple mortgages will not impact your credit anymore than a single mortgage. In most cases, if it does impact your credit it will be by a minuscule amount. If you've already applied for a mortgage to another lender and want to find a better offer, BNC National Bank is here to help!

Each credit score model is different and have their own specific "shopping windows", BNC's credit pulls typically align to a FICO 9 or VantageScore 4.0. FICO 9 scores allows for a 45 day shopping window with VantageScore 4.0 allowing for a 14 day shopping window.