My wife and are are simultaneously in the market for a new home and trying to refinance a condo we rent out as an investment.
The stars may be aligning that both loans could go into underwriting simultaneously from two separate lenders. I realize this is probably extremely rare for the average person, so I'm wondering if this is going to be a problem for either transaction? Will it hurt my credit at all? Could underwriting for either loan be at risk? What other negative consequences could happen during this process? Would it be better to do one before the other?