What closing costs can seller credits be used for?
Any normal closing costs or buyer realtor commission.
How much do credit inquires effect credit score for mortgage approval?
It depends upon the number and when they are pulled. For hard credit inquires, like inquires in a short period of time will be considered one inquiry against your credit score.
Can I get pre-approved by multiple lenders?
Yes, there is no limit to the number of pre-approvals you can have when buying a house.
What is better - forebearance or in payment for student loans when getting a mortgage?
It depends on the type of mortgage. For most mortgages, lenders are required to count a payment for student loans regardless of the status of repayment.
Do I need to pay the water bill I just received even though I just bought the house?
Maybe. Your first call should be to the title company or attorney that handled your closing. In the DC, Maryland and Virginia metropolitan area, many title companies hold money in escrow from the seller to pay the final water bill.