Thank you for sharing that.  I have heard from many lenders that inquiries hurt your credit score.

Thanks, Randy.  To clarify, an inquiry can and will reduce your credit score anywhere from 2 to 50 points.  The point is that multiple inquiries within the mortgage industry in a given timeframe will not penalize you further. 

Thanks for the link and the claification.  Many people have been told that going to more than one lender will hurt their score.  I can now point them to your link and let them get the breakdown of credit scoring from a non biased source.  Thanks again.

Remember that underwriters do question why there are so many inquiries

Good post... Thanks for sharing with the  Ar family....

Thanks for the responses! Jackie- My understanding is underwriters are only concerned that no new undisclosed debt has been incurred recently that would affect the debt ratio. 

My credit report shows 9 inquiries three of which where pulled on the same day (auto companies) should it just show 7 inquiries? or is it correct by showing it, but not deducting points from my score?

Tricia- sounds like it is correct by listing the inquiries, but not deducting.