Buying TipsFinance March 16, 2023

Why Should I Work With My Agent’s Preferred Lender?

Working with your agent’s preferred lender can offer several benefits when you’re buying a home. Here are some reasons why you might want to consider working with one of our preferred lenders:

  1. Faster closing times: Preferred lenders have a relationship with your agent and are familiar with the home buying process, which can help speed up the closing process. They may also be able to provide faster pre-approval and loan processing times.
  2. Competitive rates and fees: Preferred lenders often offer competitive rates and fees to earn the business of your agent’s clients. Your agent may also be able to negotiate on your behalf for lower rates or fees.
  3. Streamlined communication: When you work with your agent’s preferred lender, communication is often streamlined between your agent, lender, and other parties involved in the home buying process. This can help ensure everyone is on the same page and can help resolve any issues that arise more quickly.
  4. Accountability: Your agent’s preferred lender is accountable to your agent, and they are more likely to prioritize your needs and provide excellent customer service. If something goes wrong with your loan, your agent may be able to intervene on your behalf.

While you are not obligated to use your agent’s preferred lender, it may be worth considering the benefits they offer. However, it’s still important to do your research and compare rates and fees from multiple lenders to ensure you are getting the best deal for your situation.

Get in Touch With Me Today to Learn More