Quote:
Originally Posted by Euro7r
I'm planning to look for a place this year and I visited my home bank that I bank the most with to get a preapproval done, signed preapproval @ whatever interest rate for $ X amount.
I decided to go to my second bank to see what rate they could offer me, surprisingly much lower interest rate than my home bank, but I didn't do an official preapproval where I sign the document.
My question is, am I able to sign two preapprovals? This is assuming my home bank does not match the offer of my second bank.
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you dont need to go with either of them..you dont even need to sign anything. you should just put your name in to the system so that when the time comes they will give you the best rate they had for the past 90 days. then if you want, use that lowest rate and shop it around.