Quote:
Originally Posted by mpadilla2
Thank you all for your advice.
@peachstatehomegal: There are no requirements to use a specific lender.
Our main concern was having BofA on both sides of the transaction. As the short-sale leinholder AND as our lender. Concerned whether that was a bad thing or a good thing or if it didn't matter much.
Any thoughts from anyone else?
|
It makes no difference who the lender is. Once the Pre-Qual letter is vetted to ensure it's legitimate and not a transactional funding company, it's rarely looked at again.
There is no benefit, and conversly there is no detriment.