Local Mortgage Lenders

Local lenders work with you face-to-face throughout the home financing process. They know your community, shopping and dining trends, and understand the local real estate market. You can return to our home page.

They also remain up to date on regionally available specialized mortgage programs that can help make your dream of homeownership a reality. So why go with a local lender?

They’re Local

Local mortgage lenders live, work and play in the communities they serve. They understand the region better than anyone, and they’re familiar with local property values and the economy. They can also stay up to date on regionally available specialized loan programs that could benefit you.

Local loan officers are often more willing to approve mortgages for qualified borrowers that fall outside strict guidelines put forth by big banks. For example, if you’re self-employed with variable income or you want to purchase a vacation property that doesn’t have a furnace, a local lender may be more inclined to give you the loan you deserve.

In addition, when you work with a local lender, your mortgage loan consultant isn’t likely to be juggling the needs of several clients simultaneously. You’ll likely speak with the same person throughout your homebuying process, and you can contact them by phone, text, or in person. This is important for buyers who prefer to build a relationship with their lending team and receive personalized service.

They’re Personal

Choosing the mortgage lender with which you work will have a large impact on your homebuying or refinancing experience. Local lenders focus on their local markets and are able to offer a personalized approach when it comes to lending services.

When you choose a local lender, it means that you can always reach them by phone, email, or in person. This accessibility makes them easy to get ahold of when questions arise and can make the entire home-buying process much smoother.

In addition, many local lenders are willing to do what is necessary to secure their clients’ mortgages. If you have credit hiccups, they’re likely to be more flexible and willing to work with you over weeks or months to help raise your credit score so that you can qualify for your loan.

They’re Knowledgeable

Local mortgage lenders are familiar with the local market, so they know what types of loans will work best for you. This gives them an advantage in the home-buying process because they can answer any questions you might have and may even be able to expedite your loan approval. They also have a better understanding of how their lending practices might be perceived by home sellers and real estate agents.

These lenders usually offer one-on-one connections with their borrowers, making them more available to answer any questions in a timely manner. They can respond to your questions on the weekend or after hours, and you can even meet with them in person if needed.

Many mortgage lenders are also not as conservative as big banks and will approve qualified borrowers that might not fit the rigid guidelines of bigger lenders, like allowing lower credit scores or approving larger loan amounts. They can also offer more unique mortgage programs for outside-the-box borrowers, such as those who are self-employed or those with poor credit histories. Refer to This Web Page.