What You Don't Know About Pre-Approvals Could Hurt You

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Today I want to speak about something that's not often talked about in the real estate and lending industries. I'll discuss whether or not a pre-approval will hurt your credit score.

The truth is that inquiries into your credit can cause your score to drop a few points. However, having it checked by multiple lenders will not cause it to drop multiple times.

The thing to keep in mind is the difference between a soft and hard credit inquiry. When your credit is being checked for a mortgage loan, auto loan, or a retail account, those all act as hard inquiries. These sort of checks will have an impact on your credit score, but only slightly so.

It is important to know your credit score before you go through the process of getting a loan. Know if you're on the fence and whether or not you need to take care of any issue before you get a credit loan.

We have a great list of mortgage professionals that we can recommend to you if you need assistance with a loan. We would love to put you in touch with them!

About

See why Barbara Corcoran, real estate mogul and founder of the Corcoran Group, recommends Hamilton & Co. in Greenville, SC.

Dan Hamilton is a founding partner and the Operating Principal of Keller Williams Realty Greenville, one of the largest and fastest growing real estate brokerages in the Upstate. He is also the founder and Team Leader of Hamilton and Co. of Keller Williams Realty. A long time member of the Greenville community, Dan is passionate about serving and improving our community as has done so in of capacities, including as a member of the South Carolina House of Representatives for District 20 and as Vice Chairman of the Greenville County Redevelopment Authority.

Dan and his team sell over 10 times as much real estate as the typical agent because of the systems they have in place to put the client first and aggressively market their listings using the latest technology available. It's simple, Dan's your man if you want the best in real estate.

Dan Hamilton
Hamilton & Co.
Keller Williams
403 Woods Lake Road, Suite 100
Greenville, SC 29607
(864) 527-7685
info@mygreenvillehome.com

Hamilton & Company Testimonials

Click to hear recent
testimonials from happy clients

Hunt - "We had very good service. We were able to get the house and close on in only about a month and a half or so. Greg was always willing to take us to look at houses at a drop of a hat. We were very pleased and we thought that they are a good team."

Paul - "The listings process went very smoothly and it was sold in a very quick time so I am very pleased. The closing coordinator with Hamilton & Company was very helpful to me in communicating with the closing attorney so we thought everything was good!"

Barbara - "I worked with Nathan Luginbill and he was very instrumental in finding us our new home, which we’re moving into tomorrow! Their closing coordinator was also extremely helpful. For me being from out of state, there were some things that were done a little differently than they were in New Jersey. If I had a question, she responded immediately and if she didn’t know the answer she would still respond to me and then find out the answer. She was absolutely awesome through the entire process and I don’t think everything would have went as well without her!"

Kim - "When I found the house, Greg was able to go do a video walk through for me since I was out of state. I flew in, made an offer, and everything was super easy. They were accommodating to my schedule since I was out of state and were able to help me get a timely offer in. They were just super helpful! "

Teresa - "We knew our house would be a hard sell because it was a custom built home. When you build something to suit yourself, it doesn’t necessarily suit someone else but Hamilton & Company was really good at advertising, showing the house, and ultimately selling it. All the men and women that we talked to and dealt with were very receptive to what I had to say and they sold my house!"

Ernie - "Angie Bowbliss was the agent that we worked with and she gave me a lot of ideas and was very professional. She’d always call me and let me know how things were going. If I called her and didn’t reach her, she’d call me right back as soon as she was able. Angie just did a great job of going through the negotiations and seeing everything through. "

Tammy - "The results that we got when we worked with Hamilton & Company were really great! We ended up getting a house that we love! Our Realtor helped us through the negotiations between us and the seller and he hung in there when we were getting discouraged. Any email or phone call was always returned promptly and with the answer we needed. Hamilton & Company was really exceptional the whole time!"

What our happy Greenville clients have to say

"From the very beginning they were extremely professional. After dealing with other companies they were a breath of fresh air. I knew that they were constantly working and making this an easy experience for me and my wife. Highly recommended."

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"Our experience was smooth and easy. We were in search of a move in ready home with a tight budget and were always shown respect and patience. We looked at over a dozen homes before finding the one for us. Communication was always timely and we are happy with the results."

Click here to read more reviews

Greenville, SC Real Estate Video Blog with Dan Hamilton

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What You Don't Know About Pre-Approvals Could Hurt You

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