The decision of which lender to use is a MAJOR one when buying a property. Local lenders are more likely to give you excellent service because their reputation is on the line. Not to mention that a significant portion of your hard-earned money will be frequently recycled inside your neighborhood. In essence, everything is for the best.

The advantages and disadvantages of working with a local lender are listed below.

Pros:

Regional knowledge

individual attention

bolster your community’s economy

Lower fees and interest rates could be expected

Cons:

prolonged lender search

reduced loan alternatives

Brand recognition is lower

Do you want to know which local lenders my purchasers have favored and used?

You only need to say it!