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Local Lenders Rant, Rave and Chant
Copied from my Face Book page.                                                                                
 
Listen :
1) If you're buying property it is VITALLY important to use a local lender. (Where ever you're buying) It's not only that I have them on speed dial already, it's to protect you! Local lenders use local appraisers (very important) Local appraisers don't need to use a GPS to find the property. If they need a GPS how well do they know the market, the area and the things happening in the area?
2) Local lenders have local processors, underwriters and maybe even a local board of directors. These people know the area too. They probably drive past the property you're trying to purchase. 
3) If you chose a lender that is out of area or out of state I'd bet my Beanie (my dog) that there are going to be issues. And YES I'm having issues with an out of state lender right now. His processor should be fired. With one clueless phone call she about ... more

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