My goal is to take a mortage loan at the very best interest rate .
In order to do that I must talk with different lenders . Let’s just say I’m a very savy person and I really want to see a decent number of offers : 10 .
Every time I talk with a lender they give me a offer .
BoA says : Hey! We could give you 3.5 APR for 30 years for the type of loan you want .
Citigroup : Hey! We could give you 3.35 APR for 30 years for the type of loan you want .
I really don’t want theese offers to result in hard pull of my credit file . Is this possible to achieve ?
I mean after I found a good offer I’m going to apply “for real” for a loan which will result in a single hard pull which is correct I guess .
Is there any know path or some kind of “official words” to instruct the lender to not do a hard pull on your credit file just for the purpose of giving you a quote ?
Something like : Hey Lender ! I want a quote for a loan but I only authorise you to do a soft pull on my file !
I imagine that if I continue to look for the best offer for a while all theese hard pulls will be very damaging to my credit score .
Same thing for a car loan , not necessary mortage loan .
Please share the best practices/strategies in this scenario .