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Reply to "First time buyer - help me understand how to “shop” for the best mortgage rate "
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[quote=Anonymous][quote=Anonymous]Thanks for all the responses. I appreciate it. Two follow up questions. What is a hud-1? Does everyone agree that the right time in the process to “shop” around is after the buyer is under contract on a house? Or should I be doing this shopping right now when I am getting my preapproval? The timing piece on this is throwing me. [/quote] Yes, but you need to have your contacts ready. Time flies once you start the process. [/quote]
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