Does getting preapproved hurt my credit score?
A preapproval usually involves a hard credit check, which may lower your score by a few points for a short time. Shopping several mortgage lenders within a short window is typically counted as one inquiry. Once you have a letter, ListingCraft for Buyers keeps it ready for offers.
The small, temporary dip is usually worth it, because a preapproval makes your offers stronger and shows you what you can borrow.