Debt Consolidation

Custom Search
 

Debt Consolidation
Debt Relief
Mortgage
Credit
Bankruptcy
Home Equity Loans
Bad Credit Home
High Risk Mortgage
Refinance After Bankruptcy
Fixed vs Adjustable
How to Get
Own Your Home
The Real First
Finding Home Loans
Home Mortgage Loans
Poor Credit Mortgage
2nd Mortgage Loan
Bad Credit Home
Buying a House
Home Equity Loans,
Mortgage Refinance and
Real Estate Mortgage
Comparing Home Equity
Online Mortgage Refinance
Debt-to-Income Ratio --
Mobile Home Mortgage
How do You
Mortgage Insurance
Interest Only Mortgage
Understanding Reverse Mortgage
Understanding Mortgage Interest
Mortgage Refinancing
Mortgage Quotes
Home Mortgage Makes
Down Payments -
Home Loan Basics
Picking A Home
Adjustable Rate Mortgages
How To Find
Second Mortgage Sub
Sitemap
Debt Consolidation
Debt Relief
Mortgage
Credit
Bankruptcy
 
How to Get Multiple Mortgage Rate Quotes With Fewer Credit Inquiries
by Lin Sasser
It is a common technique for a loan officer to tell his/her customer not to have other inquiries on their credit because it may cost them their loan. Although, this in rare circumstances may be true, it is usually an exaggeration by the loan offi

It is a common technique for a loan officer to tell his/her customer not to have other inquiries on their credit because it may cost them their loan. Although, this in rare circumstances may be true, it is usually an exaggeration by the loan officer to keep the loan prospect from shopping around. The technique used to combat this scare tactic is to get your own copy of your credit report, and shop multiple lender's with your single inquiry. You can sometimes get a copy of your credit report for free, and this is the perfect way to find out what other lender's are offering without worrying about your credit score.

The most important thing to remember at this stage of the loan process is that you are interviewing potential lenders. Loan officer's can be very skilled at making applicants fill they need the lender more than the lender needs them. At the end of every conversation, you should remind yourself that it is them that is trying to earn your business.

After you have selected some lenders from these "preliminary" proposals, this is when you will start letting a few lenders pull their own credit reports to verify the accuracy of yours. At this point you are letting the lenders know you are interested in their proposals. Make sure they understand their are other lenders still in the picture.

Lin Sasser

The Online Mortgage Shopper

A Consumer guide to negotiating mortgage loans

http://www.home-mortgage-loan-companies.info

 
The site is not responsible for any content in it. E-mail: alldir[at]gmx[dot]com
debt consolidation, home loan, mortgage, debt free, debt help, refinance, equity loan, unsecured, secured debt, bankruptcy, credit card , bad credit, payday, cash advance, cash settlement, line of credit, student loan, interest rate, borrow money, car loan, adverse credit, compensation, quote, credit score, consolidate debt Vienna town Granite Falls city (pt.) Douglass Ada Buckley village Old Shawneetown village Adelphi village Hurlock town Barton Hills village Henriette Minnie Lake township Roberts Fulton town Balance of Citrus County Pecan Gap city (pt.) Bowler village East Lansing Davenport Cairo village Luttrell town Ukiah Silver Plume town Independence Dayton Pine Hill borough Bath village Highland Park Balance of Grand River township Bryan Port Allegany borough USA UK Australia Canada Wallis and Futuna Micronesia Coral Sea Islands Iceland Niue Viet Nam Slovenia Brazil Greenland Vatican City Northumberland East Lothian Fife Cromartyshire Antrim Morayshire Surrey Northumberland Berwickshire Ayrshire Northern Mariana Islands (MP) Vermont (VT) Vermont (VT) Hawaii (HI) Maryland (MD) Delaware (DE) South Carolina (SC) Florida (FL) Louisiana (LA) Kentucky (KY) Tennessee (TN) New Jersey (NJ) Georgia (GA) South Carolina (SC) Minnesota (MN) Mississippi (MS) Georgia (GA) Marshall Islands (MH) North Dakota (ND) Minnesota (MN)