I'm casually exploring the option of selling my house and buying a condo. I bought my house 15 years ago, and it's been a money pit, so my credit score has gone down a bit. I'm not really ready to commit fully to the process of home-buying, but am curious as to what kind of mortgage I'd qualify for. This would help me determine if I should even bother to look right now, or if the kind of place I'm interested in is completely out of range.
The thing is, in the U.S. if you go through mortgage pre-qualification, it gets reported to the credit monitoring agencies, and can affect your credit score (or so I hear; it's been a long time.) I do know that just applying for a credit card can affect your credit score, even if you never user the card, so I would imagine something as large as a mortgage would have the same effect.
Is there any semi-accurate way to find out about how much I'd qualify for, without having it be reported to Experian et. al.?