Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote: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?

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.

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!

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.

You're just wrong.

LOL at crazy Jane here telling me my ACTUAL experience pitting multiple lenders of different types against each other is "just wrong". Okay, crazy lady, whatever makes you feel better in your deep vendetta against big real estate.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote: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?

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.

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!

Ignore the realtor who feels threatened by FSBO and discount agents.

+1 She seems very angry with the prospect of losing her kickbacks too.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote: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?

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.

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!

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.

You're just wrong.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote: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?

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.

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!

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.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote: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?

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.

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!

Ignore the realtor who feels threatened by FSBO and discount agents.

I don’t get this. I’ve bought and sold 2x and used the infamous Quicken Loans/Rocket Mortgage both times. My first home purchase was a less than 30 day closing because the sellers needed to move quickly to another state for a new job and the home had already had an offer that fell through and 2 price drops. There were always people available by phone, email, chat/text, whatever you wanted, basically 24-7 even if the individual employee assigned to your mortgage wasn’t available. They told me the amount I needed to bring to closing and it was accurate down to the cent, no running to the bank for another cashiers check. My friend worked for a title attorney in another state and did a ton of closings and said that Rocket Mortgage and Chase were the most accurate and their closings had by far the least amount of “drama.” They did have a lot of problems with VA loans and BoA though.

Anonymous wrote:

Anonymous wrote: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?

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.

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!