When shopping for a mortgage lender, I suggest that my homebuyers talk to more than one lender to find out about the different programs. However, the buyers DO NOT NEED to have each mortgage lender “pull their credit” which can hurt their credit for the actual purchase. Ask the first lender to pull your credit (a “hard pull”) to find out your credit score. The credit score for mortgages is still FICO, not the new credit score for credit cards. Get the credit score from the first lender and have him or her tell you about how much down is needed and what the monthly payments of combined principal and interest will be. (Property insurance and taxes will be additional amounts for the mortgage payment, depending on the actual property.) Ask for different qualifying programs and the payment amounts. THEN you should be able to contact at least 2 other mortgage lenders and tell them your credit score and ask them for their programs and payment amounts. Contact me by phone, email, text, or private message if you have any questions!!

http://economistsoutlook.blogs.realtor.org/2017/04/25/sometimes-shopping-will-save-your-clients-money/