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Updated about 10 years ago,
Refinancing - credit ramifications of moving a mortgage to another lender
Hi,
I have been wondering about this.
When a lender (Finance company # 1) issues a mortgage and then turns around and sells it to another lender (Finance company # 2). Does your credit take a hit if you were to take that mortgage and refinance with yet another lender (Company # 3) 6 months after the sale of the mortgage? What are the ramifications if any?
Thanks so much!!!