Hi all - so my partner and I have vetted a few hard money lenders, and two of them work well with our numbers for the project. Should we fill out multiple loan applications with different lenders in case one doesn't get approved? Or do you pick one and stick with it? I don't want to use multiple loans for the property, I'm just wondering if most people fill out multiple applications.
@Joe Recomendes you should definitely shop several lenders for rates and terms but I would not fill out multiple apps if they are pulling credit as that will ding your score:
Thanks @Greg Dickerson - that's exactly what I was wondering.
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