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Old 02-04-2021, 02:37 PM
 
Location: Kountze, Texas
1,036 posts, read 170,081 times
Reputation: 855

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What Interest rate do they charge now? Does anyone know?

Last edited by GrandmaChris; 02-04-2021 at 03:11 PM..
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Old 02-04-2021, 04:14 PM
 
Location: New Braunfels, TX
6,768 posts, read 10,027,334 times
Reputation: 7332
No idea - but I'll tell you one thing...be sure to compare the TOTAL costs against another lender. I've seen some of these "preferred" lenders slide $3-10,000 in extra fees/charges compared to a lender you would bring to the table. Talk w/RBFCU, for one. They don't sell their notes, so you'll be dealing with the same lender throughout the life of your note.
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Old 02-05-2021, 07:22 AM
 
Location: Kountze, Texas
1,036 posts, read 170,081 times
Reputation: 855
Thanks - The house we were going to make a contract on with Lennar didn't happen, the accepted a contract from someone else first. Divine Intervention. We have a lender in AZ who is licensed in TX too, she has helped us with many of our investment properties and low interest.
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Old 02-05-2021, 12:01 PM
 
Location: Austin, TX via San Antonio, TX
7,888 posts, read 10,122,312 times
Reputation: 4674
Quote:
Originally Posted by GrandmaChris View Post
Thanks - The house we were going to make a contract on with Lennar didn't happen, the accepted a contract from someone else first. Divine Intervention. We have a lender in AZ who is licensed in TX too, she has helped us with many of our investment properties and low interest.
Jump on anything you can. The market is crazy the closer you get to Austin. There's people who can't afford Buda and Kyle moving to New Braunfels now.
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Old 02-05-2021, 09:02 PM
 
Location: New Braunfels, TX
6,768 posts, read 10,027,334 times
Reputation: 7332
Quote:
Originally Posted by ashbeeigh View Post
Jump on anything you can. The market is crazy the closer you get to Austin. There's people who can't afford Buda and Kyle moving to New Braunfels now.
They're invading from every direction. My realtor told me to add $100k to what I thought our house is worth, and there'd be a bidding war. I told him in 5-6 months, I might just let him put it on the market - we have a friend wanting to sell us his place at a small airport after his youngest graduates. It's got a 3k sq ft hangar that'd be a killer place to put my office and my '58....
Attached Thumbnails
Lennar Home Builder New Braunfels TX-jacob-christmas-2019.jpg  
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Old 02-06-2021, 10:40 AM
 
Location: Austin, TX via San Antonio, TX
7,888 posts, read 10,122,312 times
Reputation: 4674
Quote:
Originally Posted by TexasRedneck View Post
They're invading from every direction. My realtor told me to add $100k to what I thought our house is worth, and there'd be a bidding war. I told him in 5-6 months, I might just let him put it on the market - we have a friend wanting to sell us his place at a small airport after his youngest graduates. It's got a 3k sq ft hangar that'd be a killer place to put my office and my '58....
Do it! That sounds fabulous.
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Old 02-11-2021, 08:09 PM
JH6
 
1,415 posts, read 2,827,235 times
Reputation: 1117
We have a Lennar home.

Their Lender is actually owned by the builder, its called Eagle Home Mortgage.

They offer "free" closing costs if you go with their subprime loan with a lot of fees.

We didn't take the bait, and financed with another lender.
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Old Yesterday, 11:55 PM
 
9 posts, read 983 times
Reputation: 10
Builder with an interest in a lender/brokerage service that they push.. how the hell is that legal?
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