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Updated almost 6 years ago on . Most recent reply

When to shop for convential rates
I am making offers for my first property. When I got pre-approved for a conventional loan, I didn't shop around for different rates during the grace period where multiple credit-checks wouldn't effect my credit score differently than a single hard credit check.
When the time comes that an offer is accepted and I go to get a mortgage, can I shop around for rates without a negative effect on my score -- i.e. do I have that same grace period where multiple credit checks from mortgage lenders will lower my credit the same as one credit check?