Don’t Talk to Just One Lender – It Could Cost You Thousands!

When you only talk to one lender, you might end up paying a higher interest rate, which can cost you thousands of dollars over the life of your mortgage. Shopping around for the best rate can also help you qualify for a larger loan, meaning you can buy a nicer home.

But here’s the catch: each lender you talk to will likely want to check your credit. These checks, called “inquiries,” can lower your credit score if you have too many of them. A lower score can mean a higher interest rate, or possibly even being turned down, which is the opposite of what you want.

House Karma’s Solution:

To avoid multiple credit checks, use our House Karma Rate Quoting Tool. It gives you real-time rate comparisons without affecting your credit score. You’re not applying for a loan—just comparing rates—so you know if you’re getting a good deal when you do apply. It’s quick, easy, and helps you make a smart financial choice.