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]We are working first time with a realtor that came highly recommended. We like them. However, they suggested a lender they work with, which I was fine with, but DH wanted to go to our own bank first. Is that going to make our realtor angry to the point where they would punish us in some way? [/quote]

Go direct to a bank: pnc, Wells Fargo, bank of A.

Don’t use a broker. They charge a ton of fees and provide worse rates (for a commodity like product!).  At a minimum compare for yourself banks versus broker’s best option.[/quote]

Worst advice EVER! Lemme guess, you have bought all of your houses FSBO without an agent. PNC, Wells and BOA ARE THE WORST.

But I am sure you are VERY, VERY, smart and accomplished![/quote]

NP here. It sounds like you don't really know what you're talking about. Banks that are lending their own money can offer better rates and lower fees than lenders that are beholden to the rules set by Fannie/Freddie. It's a fact. We worked with multiple lenders when buying our current house (a month ago) and the banks were by far the best deals (and lowest APRs btw). The broker and the lender that we talked to both said there was no way they could make it work at the rate that our bank was offering us. And we're just regular people, we are not the "private client relationship" type. We never have more than $5000 in our checking account and that's the only account we have with them.[/quote]

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