I can help you compare with the financing offer you will receive from NVR. To be honest, I have been originating loans since 1997 and have seen the builders over the years offer these incentives to use their "in-house" mortgage lender. Often times the terms of the loan are not as good as they could receive independently. Which is a great reason you posted this question. When push come to shove, if you negotiate correctly, you can use your choice of lender and still receive the incentives. Feel free to contact me and I will provide the GFE to compare and explain to you how to negotiate correctly.
Joseph S. Cordova NMLS# 146855
Lincoln Mortgage Company
8003 Lincoln Drive West, Suite F
Marlton, NJ 08053
office: (856) 810-1200 ext. 242
direct fax: (206) 333-0946
cell: (856) 304-2381
I'm not a mortgage broker, I'm a real estate broker, but I've personally had experience with Ryan homes/NVR, as have many of my neighbors in Mullica Hill. You should try to get your own financing and still try to negotiate the same incentives. if they won't do it, you should be able to get a comparable GFE within 24 hours.
Brown & Pope Realtors,
You can get that answer, usually the same day, and the broker that answered you already is correct in that you can usually still get the incentives. I know of an extreme case where a buyer used the mortgage company of the builder to get the incentives, then went from that settlement to another and refinanced the laon immediately, since there is no prepayment penalty.
Did you get an adequate answer to your previous question about a buyers rep?