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Approval from multiple mortgage lenders?

Johnny Bitte · 2009-03-16 10:48:50

Hi All, Looking at getting a house soon and just wanted to ask is it ok to get approval for a mortgage from multiple source like say AIB and BOI. Is there anything wrong with doing this just to see the different loan amounts and offers etc?

16-03-2009 10:48am

#1

Johnny Bitte

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Hi All,
Looking at getting a house soon and just wanted to ask is it ok to get approval for a mortgage from multiple source like say AIB and BOI.

Is there anything wrong with doing this just to see the different loan amounts and offers etc?

0

Comments

#2 16-03-2009 11:05am

seamus

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Nothing at all wrong with it, and I would consider it vital. Most brokers tend to do this, taking a scattergun approach and then seeing who spits back the best offers. Play them off against each other if you can.

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#3 16-03-2009 12:54pm

Johnny Bitte

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thanks Seamus, I was a little worried about the legality of it but the more I think of it the more it makes sense. Thanks again.

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