Reply to Realtor suggested a lender - are they going to be angry if we use a different lender?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][b]They get a kickback from their preferred mortgage lender[/b]. Just go with your own bank. Who cares if they are "mad"? It's business. [/quote]

Please refrain from posting anymore if you are going to make false statements like this. [/quote]

If you think that lenders don't give valuable gifts to realtors that send them business you have no idea what you're talking about. I processed loans for a broker that sent $400 Yeti coolers to 30 agents one year.[/quote]

that was a fair amount of money for the lender, but $400 is not really that much of a kickback. it's not even cash.[/quote]

NP. OP needs to get the lowest possible rate. Not the whatever rate offered by the lender that gifts Yeti coolers.

Also, don’t believe the realtors here who tell you that anybody but their broker/lender will mess up the transaction. Or that the transaction will be messed up in the absence of a pre-existing “close working relationship.” Lenders and title lawyers do this multiple times a day and they don’t need their hands held by someone’s realtor. [/quote]

No agent says anything remotely like this. They might say “lender Joe has a great track record of closing loans on time with competitive terms.” There’s a difference between that and “anyone else will phuck it up.”

Also, whoever things a Yeti cooler is a “kickback” is certifiably insane. They probably also froth over agent compensation. What a completely clueless moron. [/quote]

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