Loan officer and real estate advice...I'm thinking of making an offer on a bank owned property. The listing agent says I must be pre-qualified by his lender. When I called the loan officer I asked him if he were going to reveal the upper end of of what I'm qualified for to the bank. He said "yes!" I'm not comfortable with this at all. When I gave him the information needed for the pre-qual letter I told him that I only wanted to offer a certain amount. Now he is telling me that he knows there is a cash offer and that if I want to win the deal I should offer what he says. I don't think he's also a real estate agent, but how does he know about a cash offer on the property? November 22 2009 - Reston00YesReport 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.