FHA Insured Financing

Shopping Mortgage Lenders

A key aspect of finding the best mortgage lender is being able to speak their language. This includes knowing the different types of mortgages and lenders. Some upfront research also helps you.

Each lender chooses which version of the FICO scoring formula it wants the credit reporting agency to use to calculate your FICO Scores. What to know about "rate shopping." Looking for a mortgage, auto or student loan may cause multiple lenders to request your credit report, even though you are only looking for one loan.

The best way of dealing with this now is for all lenders to make a public statement that they will not seek to block the.