Many real estate companies partner with preferred lenders and encourage their agents to provide their clients with the names of these lenders to handle the financing of their purchase.
What the buyer does not know is that in some circumstances there is a business agreement between the lender and real estate company creating this preferred status. Status may not have anything to do with the lender’s ability to service the customer and provide the best rate or costs.
Be careful if you have been given the name of a preferred lender; the preference may not be based on the performance and reputation of the lender, rather it may be based on additional profits to the real estate company.
Counsel Mortgage does not have any business agreements with real estate companies. We are purely in this business for the benefit of you, the consumer, to get you the best deal.
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Counsel Mortgage Group®, LLC
AZ MB #0909580
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