All Forum Posts by: Elaine Capobianco

Your standard credit score will always be higher than your mortgage score, if you call one of the 3 reporting agencies, they can explain this  to you in  greater detail. Also take into consideration if it was a soft or hard pull. When shopping for a lender you shouldn't have all of them pull your credit. They should be able to run estimate numbers off of that days rates to provide you with enough information to see what lender will work best for you.

Rates have risen over the last few months and will most likely stay that way until spring. If you are looking now, I would advise working with a local lender instead of a corporate bank because they have more leeway with rates. Just putting in the info you provided in my system, you would have a 5.2 rate on an investment duplex.