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Approval from multiple mortgage lenders?

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  • 16-03-2009 11:48am
    #1
    Johnny Bitte
    Registered Users Posts: 1,099 ✭✭✭


    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?


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    #2
    seamus
    Registered Users Posts: 68,317 ✭✭✭✭seamus


    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
    Johnny Bitte
    Registered Users Posts: 1,099 ✭✭✭Johnny Bitte


    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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