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Will applying affect my credit score?

By Ben Payton () - May 2, 2018

When we are processing your application, we use a “soft pull.” We get your credit information, but it doesn’t affect your credit score, and it doesn’t appear as an inquiry on your bureau. If you approve us to submit the application to the Lender (after we have evaluated your application and discussed the proposed terms of the loan with you), the Lender will do a “hard pull.” If you are shopping around for a refinance loan, be careful because if there are too many “hard pulls,” if may affect your credit score. Not every refinance program does a “soft pull,” like RefiJet does. Many competitors also submit your application to multiple lenders, which can create multiple inquiries on your credit bureau.


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