Will a refinance negatively affect my credit score ( FICO)

This should not hurt your score by any means. Do however not let your credit get pulled a bunch of times because that could cause it to lower. I offer a Good Faith Guarantee witch means what I tell you is what it will be when it comes to the rate and fees associated with the loan if you decided to do business with us. There will be no surprises that would cause you to go elsewhere and have to repull your credit again. If I can be of any assistance please review my profile and contact me. Thanks and have a great day!

It will NOT affect your credit score. Freedom Mortgage is a Direct Lender in all 50 states and can fund your loan quickly and at the lowest rate. Shoot me an email for a FREE rate quote. adennie@fmbranch.com

No, refinancing your property should not negatively affect your credit score. There are several things that can, and do, affect your FICO scores. Losing points for voluntarily closing accounts is just one of the unexpected ways you can hurt your credit scores, those three-digit numbers that lenders use to gauge your creditworthiness. You also can get dinged for:Opening accounts, both when you apply and for as long as a year afterward.Transferring credit card balances.Settling debts.Using "limitless" cards.Incurring library fines, parking tickets or other penalties seemingly unrelated to credit.I hope this helps.Tracy L. KellyKelly Mortgage and Realty(949) 916 8511

Under most circumstances, it actually improves most people's scores some when it's all done. While you do have to watch out for inquiries, don't be afraid of them either in your shopping phase; you'll have to explain them to your lender, but the credit bureaus have sort of a "de-duping" rule where they will only lower your score for the first mortgage inquiry, and not subsequent inquiries within a specified time frame - you have at least 2 weeks from your first pull...Equifax allows up to 45 days. As for Good Faith Estimates, nobody can really "surprise" you at the end because of new legislation and guidelines; and, loan officers who tell you not to get your credit pulled again are usually just afraid you'll find a better offer...unless you really are on the edge of qualifying. Best advice, though - find a loan officer you trust, and be decisive.

Hi Lyn83831,Chances are it will not affect it, however if you were to substantially increase loan amount by cash out, it could have an effect. If you are just looking to refinance and existing loan at it's current balance, it should have no effect. By now you have probable received a quote or two, drop me an email at Matt@pierwestcapital to see what we can do to save you money.Best,Matt Davis