Realtors decide who gets the loan in most cases

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By Jann Swanson | Mortgage News Daily

A trusted real estate agent could be a loan officer’s best friend. A survey, commissioned by Freddie Mac in advance of the National Association of Realtors (NAR) annual conference in Orlando, found there is a strong symbiotic relationship between the two professions and it is one lenders would do well to nourish.

Freddie Mac found that real estate professionals tend to refer their home-buying clients to a select group of lenders and they chose those lenders based on the ease of doing business with them, their reputations, and the strength of those relationships.

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