It is customary to be required to pre-qualify with the Builder's preferred lender. But be advised, that doesn't mean you'll get the best deal on loan terms. Don't be afraid to do some inquiries. For example, I get asked to price check other lenders all the time. Sometimes I can't beat the offer the consumer already has, but many times I can. BTW, the new lender doesn't need to repull your credit for these purposes. As long as you know your REAL lender scores, the LO can run you a Fee Sheet and quote an interest rate. It part of the job, we do it all the time.
Best of luck to you!
Branch Manager - Specializing in FHA, VA, USDA, Conventional, Jumbo, Portfolio and Non-QM Loan Products.
