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Updated 9 days ago, 12/18/2024

User Stats

5
Posts
3
Votes
Kevin Oh
3
Votes |
5
Posts

Shopping around for better rates

Kevin Oh
Posted

I am in the process of buying a property. I have used a lender in the past and wanted to shop around to see who can give me the best rates. I got pre-approved by my previous lender and by another lender. My previous lender was not happy that I was shopping around. The new lender gave me a better interest rate and lower monthly payment by a few dollars. I want to keep a good relationship with my previous lender but if I do not go with him, the relationship is broken. What should I do?

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