How does my credit impact buying and selling a house?
Credit impacts your mortgage eligibility, which may influence your ability to buy a home. Typically, the higher your credit score, the more money lenders will extend to you and at better interest rates. You can still buy a home with lower credit, but it can be more expensive as the interest rates you pay on the loan could be higher.
What credit information do I get from Rocket Homes®?
Gain access to your free TransUnion® Credit Report and VantageScore® 3.0, updated every week. See your payment history, account information, and get credit monitoring alerts anytime your report changes.
When does pulling your credit affect your credit score?
Checking your credit with Rocket Homes® is a soft inquiry and won’t hurt your score. This is different than a hard inquiry that lenders do when you apply for a loan or credit card. This shows up on your credit report, and too many hard inquiries can impact your score.