New pre-recognition need a credit score review. The lending company demands a credit history regarding a nationwide borrowing bureau (Experian, Transunion, or Equifax). That it difficult inquiry cuts back your credit score by the several items. In the event the no obligations is assumed, this new query is taken away from your credit file after 2 years.

Pre-approval characters was good for up to 3 months. It will require in the 10 business days in order to procedure the fresh inquiry, which is reasonable to go to until you are quite ready to build a deal. For folks who implement too quickly and do not pick a house, the brand new recognition may expire and you can need recite this new techniques. Sigue leyendo →