Are you in the market for mortgage financing but concerned about the impact of a credit inquiry? Many potential homebuyers worry about how pulling their credit might affect their credit score.
For more information on soft credit pulls, check out my video!
A soft pull to your credit is a relatively new development that has evolved over the past few months, offering more options than were previously available. Not all mortgage lenders offer soft pull credit reports, and Service First Mortgage is investing in cutting-edge technology to offer it to their clients.
A soft pull is a credit check that does not result in a formal credit inquiry. When you, as a consumer, pull your own credit report, it does not count as an inquiry or an application for credit. A soft pull works in a similar way – it provides your mortgage credit score and a complete credit profile without affecting your credit score or leaving a trace of an inquiry.
One of the great benefits of soft pulls is their ability to support early-stage mortgage planning. Reach out early and start the conversation. Mortgage planning is not just about securing a loan, it is about setting your purchase price, aligning it with your monthly payment goals, and defining your out-of-pocket objectives.
Our Path to Homeownership Plan helps you identify and bridge any Gap to Goals that may exist. We provide a clear actionable plan helping you reach your homeownership dreams, even if it is several months or a year away. With soft pulls, you can now undertake the entire mortgage planning process, even months or a year before purchasing your home, without any inquiry impact.
One more incredible feature offered by our team is credit maximization. When you apply, our team examines your credit report to see if there are any opportunities for improvement. This may include paying down debts, making adjustments, or other strategies that can boost your credit score and secure a lower interest rate. And yes, they can do all of this even with a soft pull.
Whether you are considering a home purchase in the near future or further down the road, Service First Mortgage’s soft pull option can make the entire mortgage journey a smoother and less intimidating experience. Reach out to us and start planning your homeownership journey today!
My Team and I are always available to answer any questions or assist in any way, so feel free to reach out!
Senior Loan Officer| NMLS #621637
Combining over three decades of industry knowledge, The Johnston Team is thoroughly dedicated to matching each borrower to the perfect loan program.
Team leader Stephanie Johnston began her mortgage career shortly after graduating from The University of North Texas. Utilizing an approach that combines both creative and analytical problem solving Stephanie has built a reputation for offering honest, detail-oriented guidance for her clients. As part of Service First Stephanie has a place to build her team in an environment dedicated to putting borrowers first.
Whether you’re purchasing your fifth home or your first The Johnston Team has the knowledge and experience to find the loan that’s right for you.
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