Valued Member
7ate9
Posts: 42
Registered: ‎10-27-2011
Re: GO WITH NEW HOME BUILDER?

chasmith wrote:

The in-house lender has incentive to work harder to get you closed.  Just be careful to compare costs, you should have GFEs from your earlier apps so you just need to keep them honest on rate and fees.


+1  on both points.  They do seem to work harder to get you approved and closed, but they also seem to pass more fees down to the borrower than local lenders.  But I guess that's a moot point if they're paying your closing costs. :smileyhappy:

 

Best of luck to you!


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FAKOS: CS 702 (12/04/13) CK: 710 (12/05/13)
FICO: EQ 712 (11/24/13)

Last app: 11/13/2012