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seeing issues on my credit from lender pulling

Hi, I am trying to get some insight about some inquiries on my credit before I get too worked up. I am in escrow (9 days in). I got a notification from my credit monitoring service that there were 3 more 'hard inquiries' to my credit AFTER i have been in escrow. My lender and my LO are out of the office this week (a dallas mortgage conference) which they told me about. but I am getting worried about what is happening. I know that my credit was only authorized once, when I signed the loan docs. Is this typical? by jmorris941 from Fayette, Utah. 19 days ago Reply


Ray Antonelli (Focused)
#68 ranked lender in Ohio - 60 contributions

Typically the lender will pull your credit twice. Once initially to qualify you. And once more just before closing to make sure nothing has changed radically. I'm not certain if the 2nd pull is soft or hard at your lender. Soft pulls don't show up and don't count against you. Hard pulls do.

19 days ago
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Ray Antonelli (Focused)
#68 ranked lender in Ohio - 60 contributions

BTW if you need inquiries removed I can refer you to a reliable 3rd party firm. Contact me.

19 days ago
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William J Acres (William_Acres)
#1 ranked lender in Arizona - 8,550 contributions

More info needed, but in general you did not authorized a one time credit pull.. somewhere buried in the documents you signed, you agreed to let the lender re pull your credit. But if the credit report was expired (90 days from pull date to closing date), then the lender would need to re pull the report. Also, most every lender out there prior to funding will re pull a new report to be sure you did not go out and purchase anything that would negatively affect your debt to income ratios. getting 3 hard inquiries is because the lender pull's all 3 major bureau credit reports. I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / LendUS, NMLS 1938/ AZMB0121893

18 days ago
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