David SidoniFirst-time home buyer advocate, podcast host, and real estate pro helping renters become owners with real talk and no BS

Credit score pulls/inquires - hard or soft pull? #homebuyingtip

Name: Credit score pulls/inquires - hard or soft pull? #homebuyingtip
Uploaded: 2024-06-16T19:47:40+00:00
Duration: 41 s
Channel: David Sidoni
Description: David Sidoni explains the difference between hard and soft credit pulls for home buyers. Hard pulls happen when you make an offer and drop your score a…

16 Jun 2024 · 1 min

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0:41

David Sidoni explains the difference between hard and soft credit pulls for home buyers. Hard pulls happen when you make an offer and drop your score a few points, but you should start months earlier with soft checks to improve your score before that final pull.

Chapters

This is a great, this a great question. Hard credit polls and soft credit polls, when do you do them and how do you do it? Well, hard credit polls, it's turning out that the Internet is making it one of the big lies for first time home buyers. Kind of like the lies we've been told our whole lives. When it's offer time for you on your first home, you're going to need to get a hard credit pull, but it's not going to crush your credit score. It'll just be a few points. But the key is you want to start months, maybe even a year early, and get yourself a soft credit pull. And then work with a professional support team to help you work your credit score up until you get to those final days when you do the hard pull and you buy the home.