If you're buying a home, should you seek a recommendation for a lender from your Realtor? We absolutely think you should, and here's why.
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Should buyers reach out to Realtors to find a great, qualified local lender?
We have access to lenders here in the Austin market who can assist our buyers to help them make sure their home buying goals are met and give them quality education on the loan process. Buyers can absolutely choose who they want to work with when it comes to large or small local lenders, but in our experience, smaller local lenders have always given better service, better communication, and better assurance that a deal absolutely closes in the quickest time possible.
Some buyers also think they have a better chance to be pre-approved for a mortgage with a larger institution, but that's not necessarily true. It depends on you as a buyer and what your situation is. In every case with a local lender, you get to actually sit down with them and discuss your finances to get a better big-picture understanding of what your life looks like.
"Working with a local lender always provides great communication."
We love working with our preferred local lender because there is always great communication between them, the buyers, and us as well. I always trust what our local lender is telling our buyer. You get personal service from them, which is as important as great communication throughout the process.
Finally, there is accountability from our team on the lender. We want to make sure our clients are taken care of because that's an extension of the service we offer, and we always want to offer the best service possible.
If you have any questions about working with lenders or about the Austin real estate market, give me a call or send me an email. I'd love to work with you.