Should You Use the Builder’s Lender?
By David Tipton, GRI, ePro, SRES, Real Estate Broker - Tampa
(Grady David Tipton Brokerage)
Should You Use the Builder’s Lender? Once you decide on building a new home in a master-planned community, one of the most common questions is whether or not you should use the builder’s recommended lender.Depending on the situation, this can either mean the lender is part of the builder’s own company, or in some cases it can just mean they are closely aligned. There are pros and cons to both sides of going with the builder’s lender for your financing, so let’s take a look at both sides of the coin. Reasons to Work with the Builder’s LenderOn the surface, the builder-lender relationship is supposed to make the entire process easier for everyone. since they have an existing relationship, the builder and lender theoretically should be able to get your deal done quicker than someone from o...
Comments
3