Got a loan offer, can I still shop around?

[Mr_Yogi]

I need a loan to do up the house, I applied and got accepted yesterday and am now awaiting the paperwork. However as I've not signed anything yet can I shop around for a better rate now I've got the security of the loan I've already been accepted for, or will any other loan application be turned down because I've already got a loan, credit search, etc.?

The potential savings in a lower aPR won't make much difference to the monthly repayments but every little helps, right?

Cheers

[fergywales]

The search will show up if you make further applications. The more searches, the higher your perceived 'risk' rating, then lower acceptance chance and higher offered APR.

Post the lender and APR offered, sure someone here will know if that is competitive or if you could do better.