A client asked us:
What do you think is the best way to go about figuring out the financing in terms of the $2000 credit that is given when using one of the preferred lenders? I don't want to have hidden costs in the financing and plan on choosing the financing based on the best rate available, but just wanted some of your input on what I need to ask when speaking with lenders and what I should watch out for.
Just ask the builder's preferred lender for a good faith estimate (it's like a cheat-sheet that lists all fees), then shop it around to the lenders at www.DROdio.com/lenders - you should be able to see who can give you the best rate. You can also get more details on how to get the very best rate by reading this FAQ.