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Mortgage Question

Posted on 4/3/13 at 6:29 pm
Posted by Wanksta123
Member since Mar 2010
29 posts
Posted on 4/3/13 at 6:29 pm
I plan to buy a house soon. I have a few relatives who are mortgage originators; would it be a jerk move to apply for financing with each of them and then go with the best deal?
Posted by ItNeverRains
37069
Member since Oct 2007
25363 posts
Posted on 4/3/13 at 6:38 pm to
No, it would be a smart business decision
Posted by GFunk
Denham Springs
Member since Feb 2011
14966 posts
Posted on 4/4/13 at 10:40 am to
Easiest way to screw some familial relationships up is to use them to do business. Ask for advice. Don't ask them to do business with you.

Used to do it myself. Huge mistake.
Posted by LSUAfro
Baton Rouge
Member since Aug 2005
12775 posts
Posted on 4/4/13 at 11:02 am to
quote:

Easiest way to screw some familial relationships up is to use them to do business. Ask for advice. Don't ask them to do business with you.
My family has always financially tapped one another for business purposes.
We've never had any serious issues.
Each family is different.

To the OP: Yes. If you're comfortable with it, do it. Any family member that gets upset with you for choosing your best financial option, sucks.
This post was edited on 4/4/13 at 11:09 am
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