Does borrowing from short sale lender benefit the process? (sales, properties, offers)

[candt]

We are looking to make offers on some short sales. In your experience, does it help the approval process if you get financing through the bank that currently holds the loan on the house?

Thanks,

[chet everett]

The loan origination of 99.994% of lenders is completely separate from the "distressed home owner" side of the business. Simply not a factor.

[2bindenver]

I have used it, and felt it helped.

[Brandon Hoffman]

No.

[rjrcm]

If you also look at REO properties, often the selling bank will require you to get a pre-qual letter from their lending business (BofA and Wells does this). But this will not give you preference for the purchase unless other buyers submit offers without the bank's pre-qual. You are still free to use whatever lender you prefer.