How many points does your credit drop when applying for a house?

Ugh, getting a mortgage, right? The whole process is nerve-wracking. So, how much does it ding your credit score? I remember when I was house hunting – it felt like my life was on the line! Apparently, just applying for a mortgage? Yeah, that little inquiry alone can knock off around 5 points. Five! I mean, seriously? For looking? It felt like a punch in the gut, honestly.

Then, after all the agonizing waiting and hoping, if you actually get approved, you might see another dip. They say it’s somewhere between 15 and 40 points, maybe more, maybe less depending on your specific situation. It’s a rollercoaster, let me tell you. My friend Sarah, she was freaking out when hers dropped like 30 points! I almost fainted when I saw mine.

But the good news? It’s not permanent, at least not usually. If you’re super diligent and make all your payments on time, like clockwork, your score will bounce back. It might even get better than before! Think of it as a temporary setback, a little credit speed bump. And honestly, a house is way more important than a few points on a credit report, at least that’s how I felt. You just gotta keep those payments on track. That’s the key, I swear.