Having multiple preapproval letters from a few different lenders will only strengthen your hand. And if you get multiple inquiries for the same type of credit within a short period of time, the credit bureaus will usually treat those as one inquiry and avoid knocking your credit score.

Can I get more than one pre approval?

Many people assume that if they go to more than one lender when trying to get pre-approved for a mortgage it will negatively impact their credit. ... These days, credit bureaus have agreed to treat all pre-approval inquires as one, as long as they occur within the same time period.

How many times can you get pre-approved for a mortgage?

How many times can I get pre-approved? Mujtaba Syed: As many times as you want. Technically until you're ready to purchase.