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The best(recommended) time to shop around?
After engaging with a few lenders for a DSCR loan, I decided to go with one of them. After informing the other lenders that I had made a decision not to go with them, they came back with additional information. When is the best time to shop around for lenders—while searching for a property or after finding one? What would you recommend if the other lenders, whom I initially decided not to use, want to beat the rate I've chosen, assuming the timeline is not an issue?
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Henry Clark
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OP. Develop a relationship and stick with them. Rate variations should be a minimal point. There should be no follow up information they bring to the table.