Now that you’re ready to buy a home, you need to make arrangements to take out a home loan. Choosing the right lender can make the difference between a smooth and successful closing and losing a deal. The reasons below may help you decide to work with a local lender instead of a big out-of-state one.

3 Ways a Local Lender Benefits Your Home Loan Process

1. Provides Personalized Service

Obtaining a home loan that meets your specific needs and is ready when you need it is key to completing your home purchase. Local mortgage lenders provide products and services tailored to your situation. Being local allows them to respond to your questions quickly or help when complications arise, and there’s no call-center atmosphere. 

2. Knows the Local Scene

Local lenders know the neighborhoods, homebuying and valuation trends, and area financial conditions that help make your purchasing process go smoothly. They have good working relationships with local real estate agents, appraisers, and closing attorneys, which enables everyone to speed up the approval process for you.

3. Offers Competitive Interest Rates

When you’re taking out a 15- or 30-year mortgage, small differences in interest rates can make a big difference in the amount you pay. Working with a local lender gives you competitive rates and good deals from someone you can trust with one of the biggest investments of your life. 

Before you choose a lender for your home loan, consider Dan Main in St. Peters, MO. With more than two decades in the mortgage industry, he has a strong track record of helping people secure mortgage financing at competitive rates and terms. Dan has earned a reputation as the area’s trusted resource for homebuyers because he listens to his clients’ situations and provides services and products based on their financial needs and goals. Get the personalized attention you deserve from a lender. Visit the website to see the agency’s full selection of home loan programs, and call (636) 284-4144 to schedule a free consultation.

Dan Main: NMLS # 502036
Flat Branch Home Loans NMLS # 224149
947 Waterbury Falls Dr
O’Fallon, MO 63368
This is for informational purposes only and not an offer to lend or extend credit.