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Updated almost 8 years ago,

User Stats

21
Posts
13
Votes
Dakota Ferguson
  • Flipper/Rehabber
  • Rowlett, TX
13
Votes |
21
Posts

How do I shop for a mortgage?

Dakota Ferguson
  • Flipper/Rehabber
  • Rowlett, TX
Posted
Hello BP! I have been browsing the forums and researching about a year now. IT IS TIME TO GET THIS FIRST DEAL DONE! I plan to get a deal within 90 days. First step securing financing. I plan to house hack my first deal to minimize my risk. So conventional mortgages or FHA will probably be how I finance. I need advice on how to get the best rates possible. If there are INVESTORS who can refer lenders or brokers, please do. I was contacted by a loan officer who ran my credit and offered me 4.375 with 5% down on 200. I think if I shop around I can do better, but I want to know who is competitive before running my credit. I have 2 properties I plan to make offers on. (Duplex's) How do y'all shop for a mortgage? What should I consider? Let's do this!

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