1

I got prequalified 15 days ago. Now, I am planning to get prequalified with other lenders to compare the rates, and get a better deal with my mortgage APR rate. However, I'm worried that the credit bureaus will ding my credit score twice because I have missed that 14 days window.

I read many articles online. Some say it is a 14 days period, others - 30 days.

So, which one is it 14 or 30 ? Should I proceed with the rate shopping or not ? Will they ding my score twice if I do ?

2

From the link you offered:

For FICO Scores calculated from older versions of the scoring formula, this shopping period is any 14 day span. For FICO Scores calculated from the newest versions of the scoring formula, this shopping period is any 45 day span. Each lender chooses which version of the FICO scoring formula it wants the credit reporting agency to use to calculate your FICO Scores.

Keep in mind, there are two methods, so it's based on which the agency is using.

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