Can a bank that "owns" a property force a buyer to use them for the new mortgage?I saw a bank-owned property on MLS that said "Offers require proof of funds or preapproval thru Bank of America." Can a lender or seller do that, force you to use their own bank or a specific lender for a buyer's mortgage? I am assuming the "proof of funds" part regards cash buyers. The owner on the county website is "SECRETARY OF DEPT OF VETERANS AFFAIRS"August 08 2012 - US0YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.