Yuku free message boards

JVL58 wrote:

---

ilikelissie wrote:

---

Not necessarily.

I'm not sure how it works in Canada, but in the US, you really do not want to make any changes in your credit card situation while you are seeking a mortgage.

Don't apply for cards, don't cancel cards, don't change the limits.

All three will lower your credit score.

This is true and inquiries from the lender(s) lower the score too, so don't shop all over the place and let them all run a credit report!

Ah, couldn't I just find a rate and mortgage type I want (that's available through online comparison), go to a lender and tell them I want that or else I am taking my business elsewhere?

pie123452001 wrote:

---

Or you can just put 25% downpayment for no hassle.

Ask r to lend you the money.

I plan on putting more than 25% but I assume that doesn't determine the exact amount I can afford (ballpark), everytime I fill out those mortgage calculators, they always ask for debt and I always got confused...(yeah I'm dumb)...but now I know, wheeee!

rugslug wrote:

---

speedyforme wrote:

---

Ah, couldn't I just find a rate and mortgage type I want (that's available through online comparison), go to a lender and tell them I want that or else I am taking my business elsewhere?

...and your lender will say, "you wouldn't be here talking to me if you could actually get that rate!"

True I would actually go straight to the source but I do have a preference of lender even if they may not have the lowest rate. Do they charge you for a consultation or something? Cause I'm not scared to just get up and leave.