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rate shopping with 1 lender?

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Anonymous
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rate shopping with 1 lender?

I know it's possible to rate shop for a mortgage using various lenders...  Can you rate shop using 1 lender under different scenarios.. for example, can I apply under FHA and conventional 30 with 1 lender simultaneous to see what the difference would be in rate???

 

Does this only count as 1 inquiry as it is from same lender and therefore only 1 credit pull... or is the credit report pulled each time for each version of mortgage? 

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1 REPLY 1
DallasLoanGuy
Super Contributor

Re: rate shopping with 1 lender?

Yes!!

A good loan officer will compare both or you....

1 credit pull.

 

Retired Lender
Message 2 of 2
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