How many points does a mortgage inquiry affect credit score?

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    StellarFi
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    #10959
    Team StellarFi
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    A mortgage inquiry requires a hard inquiry into your credit history. This might cause your credit score to slip by five points.

    Later on, though, with timely monthly payments, the mortgage loan will contribute the most to your credit score because it is potentially the longest installment loan you will take out and your FICO® credit score depends 35% on timely payments, like home loans.

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