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Date: Sat, 25 Jun 2005 06:29:07 CST
From: "bgardner20" 
Newsgroups: misc.invest.financial-plan
Subject: Re: Drop in credit score between approval and underwriting
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"Bryan"  wrote in message 
news:1119576479.825669.60490@g14g2000cwa.googlegroups.com...
> Also,  are you using a broker or working directly with a lender? A
> broker might be shopping your mortgage around and that could be causing
> more inquiries.

As long as the inquiries are of a similar nature, and during a limited time 
frame, there is no negative change. Of course, if you shop every month for a 
mortgage, credit card, car loan, boat loan and unsecured line of credit, 
over and over, that'll ding ya.  =)

> I have also heard that although checking your own credit or credit
> score does not hurt your credit, doing so excessively can cause a
> change.

You can check YOUR credit records as much as you want.

Brent D. Gardner, ChFC
Chartered Financial Consultant
http://www.brentdgardner.com/

Serving America since 1922, the world since 1969.

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