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For purchasing a home, better to get pre-qualified through realestate company

Posted on 11/11/15 at 8:28 am
Posted by Shane4689
Wrong Way on a No Way Road
Member since Dec 2010
3150 posts
Posted on 11/11/15 at 8:28 am
or through a separate bank?

Also, does the lending tree company actually help get you a better mortgage or rate?

Any recommended sites or companies?
Posted by BeerMoney
Baton Rouge
Member since Jul 2012
8375 posts
Posted on 11/11/15 at 9:27 am to
GMFS...............changing lives.
Posted by cjared036
Houston, tx
Member since Dec 2009
9569 posts
Posted on 11/11/15 at 9:53 pm to
The real estate company mortgage broker will usually have a higher rate because they are the true middle man. Bank will have a lower rate opportunity.

Go get pre-qualified and then apply to get FULLy APPROVED For Financing. Get a commitment letter from the bank.

This is almost as good as cash as it states your underwrite is complete. Just need a property.
Posted by hawkeye007
Member since Feb 2010
5854 posts
Posted on 11/12/15 at 9:54 am to
stay away from the lending tree companies when purchasing a house. check with your local banks..IE Whitney Bank
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