Forgotten Your Password?

Need to Register?

Question Icon

Is there any down side to using my lender's attorney/closing services? This would save me some money on costs.

by truong.lam77435 from Ontonagon, Michigan. Oct 12th 2015 Reply


Jesse Stroup (jessestroup)
#199 ranked lender in California - 591 contributions

You can always shop for this service. Using the lenders attorney/closing services just speeds up the process.

Oct 12th 2015
1
0
William J Acres (William_Acres)
#2 ranked lender in Arizona - 7,927 contributions

Typically, there is no down side to using those referred to you by the lender.. in fact, it could help expedite your closing with fewer problems.. however the rules do allow you to shop for a better deal, but this could affect your closing process negatively.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com NMLS# 226347

Oct 12th 2015
1
0
Kay Cleland (kay@kcmortgagecolorado.com)
#32 ranked lender in Colorado - 215 contributions

Great day to you. There is not an issue using the lenders attorney/closing services, however I would compare the costs and make sure that you are comfortable with them.

Oct 12th 2015
0
0
Joe Metzler (JoeMetzler)
#1 ranked lender in Minnesota - 3,524 contributions

Your third party services, like closing company / title company are YOUR choice. There is nothing wrong with using their services, but my experience is that "internal" services are usually more expensive, not cheaper... Be sure to shop, and use them if you wish.

Oct 12th 2015
0
0
Subscribe to our news feed.