Shopping around for a home loan or mortgage will help you to get the best financing deal. A mortgage — whether it’s a home purchase, a refinancing, or a home equity loan — is a product, just like a car, so the price and terms may be negotiable. You’ll want to compare all the costs involved in obtaining a mortgage. Shopping, comparing, and negotiating may save you thousands of dollars.
The US Department of Housing and Urban Development offers a free brochure to help guide you through this process. Download a free copy today, and please contact us for a list of preferred mortgage professionals in our area.
Shopping for a mortgage cannot hurt you RIGHT! unless everyone you called and talked to pull your credit report, then you have a problem. A week ago I had a Realtor contact me on Sunday, Yes he was in a panic , asking if I can take a look at his client loan application... 10+ years at her job, 20% down and her credit score was a mid 660 a month and half ago. No big deal right.
Until that same L.O pulled her credit 3 more times her score is now a whoppingg 585 and now the deal is in jeopardy of falling apart, which it did and she lost her earnest money.
Shopping for a mortgage loan is good just DO NOT LET every L.O pull your credit report.
Joe Silva
426 344-9512
www.christianfamilyhomeloans.com