Is bank ethical?We have already pre qualified with our mortgage broker. We found a home that we want to put an offer on, it is bank owned. The owner says that it is MANDATORY to prequalify with them to submit an offer for consideration. My broker uses this bank as one of her resources. Is this ethical of this bank's requirement? Does not seem like an "arms length transaction". Any advice or knowledge to help me with this?March 15 2011 - US00YesReport 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.