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Updated about 4 years ago,

User Stats

168
Posts
269
Votes
George Pauley
  • Chandler, AZ
269
Votes |
168
Posts

Turnkey provider choosing lender?

George Pauley
  • Chandler, AZ
Posted

I recently had a turnkey provider, that I've worked with before, change a policy.  I'm curious what words of wisdom the BP crown can shed.

The turnkey provider now insists that buyers use one of 3 lenders that they suggest.  I'm used to turnkey providers strongly suggesting particular lenders, title, insurance companies.  But usually they are willing to work with whoever the buyer wants to use.  Part of me wonders if there isn't a bit of shenanigans going on here.  Another part of me doesn't care that much about the lender.  They're going to sell the mortgage before I even make the first payment anyway.  And the turnkey provider is giving me a choice of 3, not forcing me to use just 1 lender (presumably their brother-in-law.)

Thoughts?  Thanks!

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