Private Lending & Conventional Mortgage Advice

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Applying to Two Mortgage Lenders at the Same Time?

Posted Dec 4 2019, 10:47

Hi, would people recommend to apply with two mortgage lenders at the same time? I searched online for this topic and found the opinions split 50-50. On the pros side, I can compare rates and costs until the moment I need to lock the rate. On the cons side, I need to pay twice the appraisal fee, and might hurt my credit score. What do people with real estate in this area recommend?

Thanks,

Darren

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