These days, you have more options than ever when it comes to purchasing a home – from click-and-done online lenders to full-service mortgage companies. What kind of experience you’re looking for will help determine which option you’ll go with. There are a few key benefits that might push you to work with a local mortgage lender over other options.
Local Knowledge
One of the greatest benefits of working with a local lender is that they know your community. With this community knowledge, they can help you determine if you qualify for loan programs that are based on geographics. They’ll also be able to help you determine if you’re getting a home for the value it’s actually worth because they understand how home prices may range in your area. This local knowledge will make you feel more comfortable about your decisions, because you’ll know they’re backed by someone who knows where you’re heading. We’ve grown Flat Branch Home Loans from our own backyard so we can expand to new neighborhoods while still ensuring our lenders are local area experts.
Personal Touch
Another significant benefit of working with a local lender is personal touch. When you work with a local lender, you’re getting an actual person who’s dedicated to ensuring the success of your homebuying process. This one-on-one attention can help you feel more comfortable, because no part of your home loan will be left up to automation. In addition, a local lender will work with you to explore every possible option so you can feel confident in the loan program you choose. FBHL lenders understand that buying a home is one of the biggest personal investments you can make, so we do the research to make sure we find the best option for your situation.
Local Partnerships
When you work with a local lender, your personalized experience will extend beyond the loan process. Local lenders know their area and the people working in it, so they can nurture relationships that extend to you. At FBHL, our lenders create partnerships with local realtors who will be able to help you find a home that fits your needs. This well-rounded homebuying experience can make you more comfortable and keep the process as stress-free as possible. Working with a local team to buy your new home will give you the tools you need to be successful throughout your entire homebuying journey.
Exclusive Programs
A particularly special feature you might find with a local lender is exclusive programs. Often, local mortgage companies will create incentives geared towards their specific communities. Local lenders will help to cater your experience to fit your needs, and they’ll explore programs you might not know about that will help to save you money over the life of your loan. Our most used exclusive program is Community Champions. It saves up to $900 in closing costs for people who work in specific occupations. These programs help to further cater your homebuying journey so it fits your needs.
Working with a local lender can give you a few unique benefits that other lending methods might not. From a personalized experience to access to exclusive programs, the pros of working with a local lender make it a clear choice for most homebuyers. At Flat Branch Home Loans, we believe in doing the work to give you the best lending experience. Here you’re a family, not a file. Ready to get started? Contact an experienced lender today!
