Asked by C & A, 88011 • Sun Apr 25, 2010
Thanks for your advice during the selling process! Now comes the buying process!
We have our documents in order and ready to go but how long should we wait so we get the best rate?
We were wondering, on average, how long we should wait until after our house closes before we get pre-approved for a new mortgage loan. We want the best rate and, while our current credit scores are in the 700's, we know that having a lot of activity (closing on one house, credit checks, receiving funds, etc.) at the same time could hurt our score. Is that correct?
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