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Old 02-04-2021, 01:37 PM
 
Location: Kountze, Texas
2,306 posts, read 596,219 times
Reputation: 2079

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

Last edited by GrandmaChris; 02-04-2021 at 02:11 PM..
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Old 02-04-2021, 03:14 PM
 
Location: New Braunfels, TX
7,106 posts, read 11,760,100 times
Reputation: 7994
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, 06:22 AM
 
Location: Kountze, Texas
2,306 posts, read 596,219 times
Reputation: 2079
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, 11:01 AM
 
Location: Austin, TX via San Antonio, TX
9,843 posts, read 13,602,503 times
Reputation: 5701
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, 08:02 PM
 
Location: New Braunfels, TX
7,106 posts, read 11,760,100 times
Reputation: 7994
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....
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Lennar Home Builder New Braunfels TX-jacob-christmas-2019.jpg  
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Old 02-06-2021, 09:40 AM
 
Location: Austin, TX via San Antonio, TX
9,843 posts, read 13,602,503 times
Reputation: 5701
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, 07:09 PM
JH6
 
1,435 posts, read 3,204,243 times
Reputation: 1162
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 02-19-2021, 10:55 PM
 
11 posts, read 4,653 times
Reputation: 14
Builder with an interest in a lender/brokerage service that they push.. how the hell is that legal?
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