Are you searching for the right lending professional to help you secure a home loan? Consider a local lender.
We are in a hot seller’s season right now, which means competition among buyers is strong. This leaves many buyers wondering how they can set themselves, and their offer, apart.
Today we are going to talk about why a local lender helps you stand out in a competitive, multiple offer situation.
Our team helps sellers all the time. When we list a property, we look for buyers with more than just a pre-approval letter to reinforce their offer. Our team seeks out buyers who are working with a lender who can back them up, and who would be willing to reach out to us directly. I want a lender to be able to tell my team exactly why it is they believe a buyer is qualified.
I want this for two reasons:
1. If they close deals, I might know them.
2. I’m talking to them. Even in a text and email world, you want to be able to have at least a conversation. If you can’t have a conversation, make sure that lender is sending out a video text.
You, as the consumer, may be thinking you are going to go to Quicken Loans and save a quarter of a percent. Well, the fact is that after everything is done, it’s about the same. Also, I guarantee any top listing agent is going to look at Quicken Loans a little bit differently than someone who we know gets deals done.
In this market, if you want to win in a multiple offer situation, you need a lender that is proactive in the market, well-known, and willing to reach out on your behalf.
If you have any further questions about why you should consider a local lender when purchasing your new home, please don’t hesitate to ask. I look forward to speaking with you soon