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Can we submite two mortgage applications with different brokers

 
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Asked by
Ken


Can we submite two mortgage applications with different brokers?
0     In Mortgage Cont.07

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    Q. Is it bad to get pre approved for a mortgage by 2 brokers?


    It would be bad especially if each one does a credit pull. Also if you signed an agreement with one and you did not close with them, they can ask for legal remedy = % of the loan amount you will pay them as per agreement.

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