Often times when our clients have already gotten a pre-approval letter and are under contract on a house, they’ll ask us if it’s okay to shop around for different mortgage quotes. Our answer? Absolutely!
Even a small change in interest rates can make a big difference over time, so we highly recommend shopping around.
Their next question is typically this: “Will this impact my credit score?”
You have a 14-45-day window (credit score dependent) to shop around for a mortgage – this will all count as one hard inquiry.
