Mortgage lenders are asked this question all the time. I send inquiries directly to the source for an unbiased answer. According to the Fair Isaac Corporation (FICO) same "type" inquiries will be treated as a single credit pull as it is apparent you are shopping for one loan. Here is what they say:
"Looking for a mortgage ... loan may cause multiple lenders to request your credit report, even though youre only looking for one loan. To compensate for this, the score ignores all mortgage ... inquiries made in the 30 days prior to scoring... In addition, the score looks on your credit report for ... mortgage inquiries older than 30 days. If it finds some, it counts all those inquiries that fall in a typical shopping period as just one inquiry when determining your score."
Use this link to see "what to know about rate shopping" and other frequently asked questions on FICO's website for yourself.
Different Inquiry Types may be treated as different credit pulls. Many lenders run a new report before closing to ensure the risk they underwrite has not changed. Don't start shopping for a new car or apply for deferred payment furniture for your new home until after close. Even a temporary drop in score may change the rate & terms you are eligible for or worse, depending on your credit information.
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