When it comes time to shop for a mortgage, many people make the mistake of having several mortgage lenders pull their credit. If you are working with a credible mortgage company, they should give you a copy of your credit report which will eliminate the need to have other lenders pull your credit.
Another thing to keep in mind is how long you shop around for a mortgage rate or mortgage loan. Remember that rates change daily and sometimes more than once a day. If you trust the mortgage company you are working with and you like the mortgage rate and program, than you might want to lock into that mortgage rate. I have seen many times when a client shops and shops and shops; then comes back and decides to lock into the rate I quoted them two weeks earlier and that rate no longer is available.
At First Call Mortgage we watch rates daily so you don't have to. If mortgage rates go down we will honor that lower rate for you. As long as you are locked into a mortgage rate, you don't have to worry about rates going up.
If you have any questions please call Justin Perry at First Call Mortgage Company in Portsmouth, NH.
Licensed by the New Hampshire Banking Department NMLS License #28231
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