The Myth about running credit and score dropping

By
Mortgage and Lending with Dominick gaccino

I'm Here to clear up that myth for everyone out there.

 

It's a half truth that needs to be explained.

 

If your credit is run a few times(lets say 3) in a 2-3 week span its not going to drop your score like that Urban Legend everyone is telling you.

 

Credit companies understand that your score needs to be pulled by lenders in order for you to get a loan.

 

That being said dont visit 3 brokers a day for 2 weeks and have each run your credit. That WILL effect it.

 

My suggestion is to deal with someone you trust or that has been rcommended to you by someone you trust(realtor/family member/co worker) and they have used that person before.

 

In all honesty your credit should be run and reviewed every month or so to make sure you dont have idenity theft or credit errors.

 

Any Consumer out there looking for a home loan please feel free to contact me.

 

I do free credit evaluations and pre approvals.

 

DOMINICK GACCINO

First Suffolk Mortgage Corp

914-391-2388

www.dgaccinohomeloans.com

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Location:
New York Westchester County

Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the airplane to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the car to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the envelope to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Rainer
41,053

Dominick Gaccino

Ask me a question
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the cloud to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Additional Information