Mortgage Loan Sites and Pre-Approval Process

[Matt Michaels]

Hi BP Community!

I am currently in the process of buying my first place! I started the process in December after listening to multiple podcast episodes and attending a few of the online webinars. 

One of the things I was hoping I could gain your expertise on is shopping around for various mortgage loans. I am working with one of the large, national real estate services companies and they pre-approved me for a loan. But, I was hoping to explore online platforms such as Rocket Mortgage (for example) to see if I could get better terms and potentially a lower interest rate. I figured it would be beneficial to see mortgage loans from a few options, and then compare/contrast.

Has anyone used Rocket Mortgage before? Does it tap your credit report when going through the loan process? My main concern is that if I shop around a few places and my credit report keeps getting tapped, it will lower my credit score and resulting in a higher loan interest rate.

Please let me know if I can provide further clarification, and thank you in advance for your help!

MJM