Shopping local can provide you with many benefits – that includes for a mortgage professional. Buying a home in a tight housing market may lead to a bidding war. When you have a locally based mortgage broker, like Grandview Lending, you can stand out from the crowd, which may strengthen your offer.

How Can Working with a Local Mortgage Professional Help You?

An online lender may offer a borrower convenience. You can shop around for rates and terms. You can even submit all your paperwork online. However, an online lender can also be to your disadvantage when it comes to bidding wars.

Online lenders and banks often work with a smaller group of lenders. Therefore, you don’t have much choice when it comes to choosing your mortgage loan. Grandview Lending works with lots of different national and regional lenders. They can offer a wide variety of loan options that meet your specific needs.

Real estate agents like to work with home buyers who have brokers that know the local market. A local broker can understand the housing trends in the local market. They know what types of mortgages are available for the area since they live in the area. An online lender won’t have this knowledge.

Agents also want to work with brokers who successfully get deals done. Since 2006, the mortgage professionals at Grandview Lending have helped many Indianapolis-area buyers get into their dream homes. When a bidding war occurs, the listing agent and the home seller can feel more confident that the sale will close when you’re working with an experienced mortgage broker.

Additionally, reputation matters. Borrowers want to work with someone they can do business with. They want the old-fashioned personal service that Grandview Lending can give. They want to be able to talk with someone when they have questions. With brand name banks and online lenders, you’ll be hard pressed to get that personal touch.

Speed is another factor for many agents. Often, sellers who receive multiple offers will choose a buyer who can close quickly. Local mortgage brokers can help buyers achieve quicker closings by staying on top of the mortgage loan process.

Plus, many agents often have working relationships with local mortgage brokers. That way, questions can be answered quickly and negotiations can go faster.

Work with a Trusted Mortgage Broker

If you’re in the market for a new home, contact the mortgage professionals at Grandview Lending by calling 317-255-0062 or toll free at 866-690-4920. They can assess your mortgage needs and help you find the right loan option for your situation.

Photo credit: 123RF / Oleg Dudko