Asked by J, Sacramento, CA • Sun Jul 20, 2008
We have been placing offers on a few houses and my agent wants me to sign loan papers and Im not quite sure why. Our offers have not been accepted. I assume he's getting a kickback from his loan broker. I believe we got locked into him as areal estate agent/broker when we made the first offer.
We have a GFE from two lenders and I've told him I want to shop around. I'm not going to sign a 20 page loan document just so we can get it out of the way.
Is this normal, him asking us to sign loan paperwork before we have an accepted offer?
Can I be locked into a loan broker?
Real Estate in Elk Grove
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