Can a realtor make you use their lender?
You’re not obligated to finance your purchase with that lender, and no builder or seller can force you to use an in-house or preferred lender.
Should you talk to a lender first or a real estate agent?
Start with a Mortgage Lender to make budgeting easier.
When it comes to buying a home, it’s natural to think of selecting a Realtor first. According to research from the National Association of Realtors, 44% of homebuyers begin by looking at properties, while another 17% goes directly to a real estate agent.
Do Realtors help with loans?
Your loan is important, but your real estate agent is more important. Your mortgage is a small part of the transaction. Plus, your agent can help you to find a mortgage lender easier and faster than a lender could help you to find a good agent.
Is it better to use a mortgage broker or lender?
While using a mortgage broker seems like it would save you money because they have access to many lenders and programs. Brokers are paid commissions by the mortgage company, some lenders pay more than others. When working with a Bank, that loan officer only have access to their own mortgage programs and mortgage rates.