Banking relationships

[OKRICHLAND]

I want to establish relationships with other banks
besides the one that I constantly use at this time.
I am afraid that with all the buying and refinancing that I am doing at this time, an inquiry from another financial institution might cause harm to my credit score.

#1 When is a strategic time between buying and refinancing to begin a relationship with another financial institution?

#2 Should I stay with banks and equity lines of credit then refinance with a first mortgage or is there a way that I can go straight to a mortgage company and accomplish the same thing as I do with my bank?
(If I see a house, all I do is make a quick phone call to my banker and he will usually say "Sounds like a good plan, go ahead and put it under contract").
Can I do the same things with mortgage companies without using the mortgage broker?

[David Leach]

I want to establish relationships with other banks
besides the one that I constantly use at this time.
I am afraid that with all the buying and refinancing that I am doing at this time, an inquiry from another financial institution might cause harm to my credit score.

#1 When is a strategic time between buying and refinancing to begin a relationship with another financial institution?

#2 Should I stay with banks and equity lines of credit then refinance with a first mortgage or is there a way that I can go straight to a mortgage company and accomplish the same thing as I do with my bank?
(If I see a house, all I do is make a quick phone call to my banker and he will usually say "Sounds like a good plan, go ahead and put it under contract").
Can I do the same things with mortgage companies without using the mortgage broker?

What is your objection to the mortgage broker? A broker works with many lenders and can be very helpful to investors. They would also be able to "spread the wealth" with many lenders, allowing you more options.

A relationship with a broker can keep those inquiries into your credit to a minimum as well.