Think again! Here are the Top 10 reasons to use a local mortgage broker over an on-line lender:

10. Local economy. Using a local lender helps keeps your money in Idaho, helping our local economy.

9. Harder working. A local lender will work harder, with more to win or lose. They live, work, and play in your “backyard,” so they know your appreciation will lead to good word-of-mouth advertising, and that your criticism could mean just the opposite.

8. Loan nuances. A local loan officer will take the time to study your individual and unique situation, then shop your particular loan to compete for the most competitive rate, vs. trying squeeze you into a one-size-fits-all box.

7. Faster closings. Being “right there when you need them” has its advantages. Communication is streamlined. Reactions are quicker. Start-to-finish, home loans and refinances are usually about 30% faster when dealing with a local lender.

6. Local flavor. Local lenders know the unique housing market, neighborhood trends, and geographically can be viewed by loan underwriters.

5. You’re not a number. Unlike on-line loan “clearance houses,” local mortgage lenders are diligent, hard-working loan officers who will take your loan personally, and as seriously as you do.

4. No phone menus. People hate phone menus! Isn’t it great to talk to a real live person who always immediately answers your calls?

3. Service level. Local lenders provide a better, higher service level. This personal attention goes a long way.

  • Large lending institutions turn away thousands of applicants point-blank if their income or credit score is below a certain number.
  • An Idaho Local Lender will take the time, for example, to explain how to fix a credit score.
  • What if there’s a problem during the loan process? You have more control when working with a local lender.

    • 2. Low overhead. Local mortgage brokers don’t have the overhead that large conglomerate lending firms have. This passes the savings onto you the homebuyer/homeowner!

    1. Connections. Local lenders have the expertise, knowledge, and local connections to make things happen. They’re on a first name basis with appraisers, underwriters, title company managers, real estate agents, etc..

    The value of these established relationships cannot be overstated, making “Connections” our #1 reason to use a local mortgage broker over an online lender.
    –
    Article written by Lisa Kratz and Mike Little
    Apex Mortgage in Meridian, Idaho  |  (208) 888-9251  |  www.myidahohomeloan.com Apply Now

    Permalink