Will shopping for a loan hurt my credit?

You have 14 days to compare lenders and have multiple credit pulls without a negative impact on your credit score. From a scoring standpoint it will only impact your score as if you only pulled credit 1 time. This same principle also holds true when shopping for a car or credit card. The key is shopping for "like" items. Depending on the type of credit you are applying for shows up as a specific code to the credit reporting agencies. You can't pull credit for a mortgage, car & credit card without having a negative impact on your credit score. That would count as 3 different pulls since they are all coded different and are not "like" items.