Your Crye-Leike Realtors recommend using a local lender. Using a local lender has a number of advantages to you, the borrower.
Accountability: A local lender is in the community, which increases the level of accountability to you the customer. You’ll not be just a number in a huge stack of loans. The local lender is concerned about their reputation in the community and will go out of their way to make sure you’re happy. Additionally, your Crye-Leike Realtors have established relationships with the local lenders which increases the level of accountability for you.
First-Hand Knowledge of the Local Market: National lenders do not have a clear understanding our local market. Our local lenders live in the communities they serve. They understand lake front and river front properties and have experience with loan programs specific to rural communities. Local lenders are familiar with the various neighborhoods and may be able to dispute an appraisal that uses poor comparable sales.
Better Communication: By working with someone in the local community, you’ll have direct communication with your lender. Try getting an actual face-to-face meeting with a national lender. Only with a local lender will you be able to speak directly if there is an issue with your loan.
Great rates: You’ll find that local lenders offer rates that are very competitive with the national lenders. In fact, they often have more flexibility with the types of loan products they offer.
Contact your favorite Crye-Leike Realtor for more information on getting started with a local lender.