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76
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Justin Schaefer
  • Real Estate Investor
  • Mukwonago, WI
16
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76
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Question about banks who sell their mortgages

Justin Schaefer
  • Real Estate Investor
  • Mukwonago, WI
Posted

Hello, I'm a newbie looking to do my first house hack. I am currently shopping for lenders and have encountered some who admit up front that they would for sure sell my mortgage if I got one through them. From everything I've read it doesn't sound like this is a big deal, but when I talk to other investors and even my own realtor, they usually seem to dislike this, but I'm not really sure why. Could I get the thoughts of others on this please? What do I need to know? Thanks in advance.

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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
30,725
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17,759
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied

All conventional, fha, and va loans will get sold multiple times. 

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