5 Reasons to Use a Local Mortgage Professional in Madison, WI - Mortgage Adice from Stampfli Mortgage

National online mortgage ads are popping up all over the place. They pay big bucks to stay at the top of the food chain. Catchy commercials, online ads, billboards, magazine ads and mailers all boasting to be the best. More and more big-box lenders brag about being the easiest, fastest, cheapest and so on.

A lot of us like doing things at a time that’s convenient for us rather than trying to work around banker’s hours. And there’s nothing wrong with convenience…especially when you couple it with a local presence, quick turnaround times and low interest rates. Whether you’re looking for face to face interactions or not, here are 5 reasons to seek out a local mortgage provider.

Reason #1 – Local mortgage companies have a better understanding of the local market.

Would you hire a real estate agent out of New York to find you a home in rural Wisconsin? I suppose you could. An agent could set up showings, offer advice, email an offer to the seller’s agent from anywhere. But, how well would he or she understand the neighborhood? What about the school district? Would your out of state agent know about the volatility of the local market or pricing trends?

The same is true of your home loan professional. You could receive good service from a lender located across the country. But, a local mortgage advisor is going to have a much better understanding of the local market. What may be important to an individual buying a condo in Manhattan, may be very different from a family purchasing a three-bedroom ranch in Manitowoc. Working with someone who understands that rural areas qualify for additional loan programs may save you a lot of money.

Reason #2 – You control the competitive edge.

When large companies in any industry spend millions of dollars on marketing, they gain the competitive edge. Extensive marketing brings in a high volume of consumers. This heavy flow of traffic allows the big lenders to be more selective about their clients. The focus is more on quantity versus quality. After all, if you decide to go elsewhere; another customer will likely take your place shortly.

 Smaller, local companies don’t generally have the resources for expensive marketing campaigns. In this case, you (the customer), gains the competitive edge. Your local mortgage professional will try to win you over by giving great customer service. Your mortgage advisor will work hard to find you the very best interest rate and closing cost options. A local mortgage company will focus more on quality than quantity. Each and every potential customer is important, and your loan officer will compete for your business.

Read the other 3 reason reasons to use your local Mortgage Expert here, or visit StampfliMortgage.com. Thanks for stopping by.

http://www.stampflimortgage.com
(608) 572-7222