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Private Lending & Conventional Mortgage Advice

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Eileen Wang
  • Real Estate Investor
  • Hayward, CA
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Can you have preapproval with multiple lenders at the same time?

Eileen Wang
  • Real Estate Investor
  • Hayward, CA
Posted Jan 24 2021, 10:29

Hello,

I’m new to out of state investing. I’m seeking advice here if I can have preapproval with local lender and national lender at the same time. Will it impact my credit scores or the final approval amount? Do you usually go with the recommended national lender from the turnkey company? Usually how do you go through the process of selecting the one you would like to work with? Any other tips you would like to share? Thank you very much!

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