Communication is key, especially when buying a house! So, how exactly does the relationship between your Realtor and your lender work, and how is that in your best interest?
What you tell your lender stays between you and the lender. The only information passed to your Realtor from your lender is:
-How much you can spend
-What type of loan you may be looking for
-If you want or need the seller to contribute money towards your closing costs.
*Knowing these things ahead of time may very well save you precious time, resources, and could save some frustration! These things must be known so that you are put in the best possible position to actually purchase the house you want!
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