Talk of The Villages Florida - View Single Post - Down payment on pre owned homes
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Old 01-04-2009, 07:43 PM
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billethkid billethkid is offline
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Default KNC....I suspect TV is not against VA loans,

but rather they would express that they prefer one to use Citizen's Bank (now I wonder why that is???).
When I came with pre approved financing from Bank One, they tried time and again to convince me things would go much better with Citizen's. My answer was if Citizen's could meet the same rate as Bank One I would be glad to use them....they were over a full point higher....and would not budge.
Even the closing agents tried to give me advice that from their experience, closings using Citizen's tend to go much smoother....which was nothing but pure unadulterated BS.
At the closing they complimented Bank One for having everything complete the first time.
When all gets said and done...as long as the funds are coming from a legitimate source, TV has no say where one gets their money to purchase a home.

I personally think their attitude/encouragement toward financing and the use of Citizen's is a conflict of interest...yes it is a separate company even though owned by TV and no doubt lawyered to the nth degree.

BTK