Home › Forums › Credit Reports & Scores › How many points does a mortgage inquiry affect credit score?
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August 8, 2023 at 10:11 am #10813
Geoff Massanek
ModeratorAugust 11, 2023 at 6:31 pm #10959Team StellarFi
KeymasterA 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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