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.
Will my interest rate on my current mortgage change if I buy a new primary residence?
99% of the time, the answer is no. A change in the occupancy of a house will not change the interest rate.
Will I be denied a mortgage due to withdrawals from ATMs from my bank account?
Very unlikely. Mortgage underwriters will review bank statements looking for any large deposits or automatic withdrawals going to pay undisclosed debt. In the process of reviewing bank statements, an underwriter