Your agent may know the best
lender to go to for new home purchases versus buying an
existing home. Some lenders have different levels
of experience with each of these
circumstances.
Sometimes, you can even find a
builder or broker who offers bundled packages for
services including financing. In the past, bundled
services meant Subprime lending. Not in today’s
world – now they’re real competition for traditional
banks and financial institutions.
Always clarify the
relationship between the person recommending the lender
and the lender itself. And don’t be pressured into
using their recommendation – you still want to shop
around for the best deal.
Disclaimer: The information
provided in this site is not legal advice, but general
information on financial issues commonly encountered. We
shall not be liable for any errors in the content or for
any actions taken in reliance thereon. Please consult
your financial
advisor.