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Obtaining multiple mortgage rate quotes

Started by lab9
almost 17 years ago
Posts: 25
Member since: Sep 2008
Discussion about
Is it common practice and advisable to put through applications with both a mortgage broker and a directly with a bank to better determine if we're getting a good rate with either? If doing this, should we only expect to pay the application fees for each in order to get mortgage commitment letters, perhaps dependent on appraisal?
Response by Ubottom
almost 17 years ago
Posts: 740
Member since: Apr 2009

whaaa? shop the rates before you apply, like any other reasonably intelligent person

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