HousingNov 11, 2019
CadenceMariposa

Builders and banks

Do builders have their own tie ups with banks to close a home sale on time?? I have a home loan with Bank of America; but my builder is pushing I go with US Bank to close the home. He says they will close in 10 days, BoFa is not promising to meet on closing time (their rates are good though) I have no idea about either banks, so any insight will be helpful.

Google GfTq22 Nov 11, 2019

They prob get a kick back from US Bank for the business referral. US bank also incentivized to give them preferential treatment. Do whatever is best for you.

AOL CwXk65 Nov 11, 2019

You are all over blind. Might as well tell us where you bought your house?

Cadence Mariposa OP Nov 11, 2019

Will update when everything goes smooth