Pulte Homes + Help with Mortgage lenders

[coastalgirl]

We were in a contract on a Pulte home with Pulte mortgage and there was some funny math involved. We showed them where it didn't make sense, and they disagreed. We were not able to negotiate with them at all, and backed out of the contract. Things might be different now since they are probably desperate to sell homes, but we did not have a good negotiating experience with Pulte mortgage.

[kkn006]

Thank you all.

Finally I decided to go with Pulte Mortgage because they are giving money towards closing cost..so it's about 0.2% more than other lenders. I think it's alright because of their incentives.

This is my first home..learned some lessons. Never commit to go with your builder's mortgage, right their you are loosing your bargain/shopping options..anyway I hope I good with their rate now.

[Tober138]

Originally Posted by DHV

I am sure this is too late.

I am also buying a Pulte home and HAVE to use their lender to get the incentives (rip off).

How is that a "rip-off"? They are saying we will give you [insert specific incentive(s) here] if you use our preferred lender". Its not like they are holding a gun to your head and forcing them to use that lender. They are just offering something extra to the buyer to encourage them to use a particular lender. Seems like a good business practice to me.

Ryan offered us certain incentives to use their lender - we decided to go with someone else - it was no big deal. In doing so, we gave up a certain incentive on the house but we knew that, and were ok with that. But we didn't feel ripped off because of it - we had a choice of lenders, weighed the pros and cons of each, and made a decision that we felt was best for us.

By your logic, if the Sunday Observer has a coupon for $1.00 off a 12-pack of Pepsi, are the consumers who prefer to drink Coke getting ripped off because they are not getting that same incentive?