Get the free guide: Questions to Ask a Builder's Lender
Compare any two loan offers apples to apples.
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Builder lender incentives can be real, and sometimes they're the best deal on the table.
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Compare the whole offer, not just the shiny part: the fees, the loan terms, and the cash you need at closing.
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Get a quote from the builder's lender and one from a lender you pick, then lay them side by side.
Read the transcript
That builder's lender deal might be a great deal. Or it might just look like one.
Travis here. Many builders have a preferred lender, and they often sweeten the pot if you use them. Things like closing cost help or a lower rate. Those incentives can be real, and sometimes they're the best deal on the table. But here's the catch. You have to compare the whole offer, not just the shiny part.
Look at the rate, the fees, the loan terms, and how much cash you need at closing. Sometimes a big incentive comes with higher costs somewhere else. It's like a free dessert with an overpriced appetizer.
The smart move is simple. Get a quote from the builder's lender and one from a lender you pick, then lay them side by side.
Reply with the word LENDER, and I'll connect you with a trusted local lender for a second quote, so you can compare apples to apples.
Rather just talk? Text me at (580) 647-0915
Travis Wright with eXp Realty
I help buyers in Lawton, Elgin, and the surrounding area compare new builds and resale homes with straight answers and zero pressure. Ask me anything. Seriously, I like questions.
OK License #206164 · 1146 NW Cache Rd, Lawton, OK 73507 · (580) 647-0915
Frequently Asked Questions
Do I have to use the builder's preferred lender?
Usually you can choose your own lender, though some incentives depend on using the builder's. Compare the whole offer before you decide.
How do I compare two loan offers?
Lay them side by side: the fees, the loan terms, and the cash you need at closing, not just the incentive.
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