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Real Estate
Reply to "How did you pick your lender?"
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[quote=Anonymous][quote=Anonymous][quote]Sometimes, realtors get a kickback if their client uses a particular lender - I'd ask this question. [/quote] Feel free to ask, but the answer will be no, since that's illegal.[/quote] Illegal if you call it a "kick-back" maybe. Our lender told us that our realtor's brokerage is the only one they deal with that doesn't get a "realtor fee" in closing. ie, there is often a fee (in our good faith estimate it was around $800) that goes to the realtor. It's a fee in closing, not a kick-back technically. But it could act as one. It's worth asking about. I liked the fact that our agency didn't ask for it. [/quote]
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