Pros & Cons of Working with a Local Lender
Attention, home buyers!
If you’re currently on the hunt for a lender, I’m going to let you in on a not-so-secret tip… Always. Choose. Local.
Buying a home is a HUGE decision—and so is the lender you work with. Local lenders are more likely to provide you with stellar service because their reputation is at stake. Not to mention, your hard-earned dollars will often be recirculated within your community. So basically, it’s a win-win-win!
Here’s a breakdown of the pros and cons of using a local lender.
- Local expertise Personalized service
- Support the local economy
- Possible lower fees and interest rates
- Longer lender search
- Fewer loan options
- Less brand recognition
Want to know which lenders our buyers have used and loved in our area? Just say the word!
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