I think I know the answer to my question - but is it normal behavior for a mortgage broker to draw up a contract for a house I bid on without discussing terms with me? Basically deciding on the years of mortgage and put a point in the contract when I discussed and it is well known I am paying off the entire mortgage in a few months when my house sells? No discussion, no quick call, just here’s your contract - sign sign sign.
An amendment to the contract I requested was generated and literally 6 emails and a call were sent by lender over the afternoon to get me to sign sign sign.
I realize they will get little money when mortgage is paid off almost immediately but it seems unethical to sneak a point into the contract without discussing.
Normal or should I find another lender - which would not be a problem…
Also I do not have a signed contract with my realtor to act as my buyer. Is this customary to do so? It was never brought up.
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source https://www.reddit.com/r/RealEstate/comments/1krtzcw/normal_realtorlender_behavior/
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