Could asking questions impact your credit?
What information should you share when shopping home loans?
Could asking questions impact your credit?
What information should you share when shopping home loans?
QUESTIONS I HAD" THAT'S WHATKARLA THOUGHT WHEN SHE REACHEDOUT TOTHE MORGATGE COMPANY HANDLINGHER CURRENT LOAN..
SHE WANTEDTO EXPLORE OPTIONS FORREFINANCING..
SHE DIDN'T WANT TOSTART A LOAN APPLICATION.
BUTTHAT'S JUST WHAT THE COMPANYDID.SO WHAT CAN YOU DO IF IT HAPPENSTO YOU?
NERDWALLET SOUND---8:15"UNFORTUNATELY THERE REALLY IS NORECOURSE BUTTED TO YOU MIGHT ASWELL JUST APPLY AT SOME OTHERPLACES TOO, BECAUSE IF YOUMAKE A BUNCH OF LOANAPPLICATIONS IN A PERIOD OF JUSTA FEW WEEKS, ITCOUNTS JUST AS ONE CREDITINQUIRY.8:40 HOLDEN LEWIS..
AMORTGAGE EXPERT WITH NERDWALLET..
IF YOU'RE NOT APPLYINGFOR ALOAN, DON'T GIVE THEM YOURSOCIAL SECURITY NUMBER OR THEHOMESADDRESS.
2:29 YOU CAN GIVE A LOTOF INFORMATION SUCH AS YOURINCOME AND THE ZIP CODE THATYOU'RE LOOKING AT, AND YOURCREDIT SCORERANGE.2:37 AND IF ALL YOU WANTTO DO IS GET PRE APPROVAL, NOTAPPLY FOR A LOAN, YOU'LL PROVIDEPERSONAL INFORMATION LIKE YOURSOCIAL SECURITY NUMBER..
BUT NOTTHE ADDRESS OF A HOMEYOU WANT TO BUY.
5:40 THE ONETHING ABOUT PRE APPROVAL LACKSIS AN ADDRESS AND WITHOUT ASPECIFIC ADDRESS, THEY CANNOTPROCESS A LOAN APPLICATION.5:50STD/UP: EITHER WAY..
BOTH LOANAPPLICATIONS AND PRE APPROVALSSTILL HIT YOUR CREDIT.
IF YOURENOT READY TO APPROACH A LENDER..THERE ARE ONLINE TOOLS TO HELPYOU FIGURE OUT A HOMEBUYINGBUDGET..
WE HAVE LINKS TO THOSEAT ABC 15 DOT COM SLASH LET JOEKNOW..
IM INVESTIGATOR JOEDUCEY..
IF YOUVE GOT A PROBLEM..LET ME KNOWA STAR WARS ICON IS GIVING ASHOTOUT TO A BOOKMAN'S IN