Can Pre-Qualifying Online Hurt Your Credit Score?

Every time you apply for any type of loan, the lender checks your credit history. These checks show up as inquiries. While these inquiries don't create much impact on a credit score, most real estate agents and mortgage brokers review credit reports to point out any potential problems. This is because they also want to know how committed you are to buying a home. Aside from affordability concerns, you may find other issues that disqualify you from obtaining a mortgage. To know if pre-qualifying online can hurt your credit score, here’s what you need to know:

Read the entire article here: http://www.realtor.com/advice/can-pre-qualifying-online-hurt-credit-score/