Questions to Ask a Builder's Lender

Using the builder's preferred lender can be a good fit, and it can come with perks. It's your choice either way. These questions help you compare apples to apples.

Compare apples to apples: the rate, fees, loan terms, and cash needed at closing.

Questions to ask

• What rate and terms am I quoted, and are they locked?
• What's the full cost breakdown: origination, underwriting, and other fees?
• What's the total cash I need at closing?
• What's my monthly payment, and what exactly is included?
• Does using the preferred lender come with an incentive, and what changes if I use another lender?
• How long does your pre-approval stay valid?
• What happens if my timeline changes?

Get a second quote and compare side by side. I can put you in touch with a local lender I trust, no strings.

There's no commitment to buy.