In particular we focus on getting the loan structure right the first time, choosing which lenders to use in the right order (yes this is important) and finally getting our clients the best deal possible.
Pre-approval
Mortgage preapproval is a process where a lender assesses a borrower's financial situation and creditworthiness to provide a preliminary approval for a mortgage loan. This preapproval is not a binding commitment to lend but rather an indication of the amount the borrower may be eligible to borrow and under what terms.
Before house hunting, a potential homebuyer can seek a mortgage preapproval from a lender. The lender reviews the buyer's financial information, credit history, and other relevant factors to provide an estimate of how much the buyer can borrow. This preapproval letter can strengthen the buyer's position when making an offer on a home, as it shows sellers that the buyer is a serious and qualified candidate.
Pre-approval does not guarantee you will get a home loan. There are various things that may result in your home loan application being declined, even if you previously got pre-approval.
Learn MoreIn short, no they will not. In fact it may even improve your credit score, if you've had no enquiry on your credit score before.
Learn More