Lender - Realtor Working Against Me?

So based on the numbers you posted, your local lender's offering would definitely give me hesitation. There's usually no shortage of local banks, so I'd definitely check in with another one.

There are always caveats, but generally yes, you're more likely to be able to negotiate with a smaller lender. They need your business more, and have slightly more discretion in making offerings (though probably not as much as a used car salesman). The benefit of estimates from multiple local lenders is that they're more likely to want to compete against one another, rather than against a big bank.

The main takeaway is that it definitely doesn't hurt to try!

/r/RealEstate Thread Parent