There are frequent questions regarding pulling credit reports for your clients multiple times.

We can confirm for you and your brokerage that multiple credit inquiries within 45 days by a mortgage provider do not have a negative impact on consumers' credit scores.

"If you’re shopping for a new auto or mortgage loan or a new utility provider, the multiple inquiries are generally counted as one inquiry for a given period of time. The period of time may vary depending on the credit scoring model used, but it's typically from 14 to 45 days. This allows you to check different lenders and find out the best loan terms for you.

All new auto or mortgage loan or utility inquiries will show on your credit report; however, only one of the inquiries within a specified window of time will impact your credit score."

Link to Equifax article

The cost to pull credit bureaus remains the same for each credit inquiry.


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