The advantages of going with a local lender to get a mortgage
Buying a home is a huge financial investment not to be taken lightly. So when it comes to the largest purchase of your life, you need a mortgage company you can count on, especially during these uncertain times.
Here’s how you can count on a local lender like Allen Tate Mortgage to support you throughout the home buying process:
One of the first steps you’ll need to take when buying a home is to get pre-approved.
This process may seem overwhelming, but to simplify things, you have the ability to get pre-approved online through Allen Tate’s MortgagEase platform. The process takes about 15 minutes and once you’ve completed the application, one of our local mortgage consultants will schedule a call with you to go over any additional details.
Even in today’s unpredictable times, using a local mortgage lender to obtain a mortgage is actually one of the best things you can do when it comes to having your bid accepted. A lot of people think that the highest bid is the one the seller automatically chooses— and ultimately there’s a lot more to it than that.
Good Realtors will advise their clients to look beyond the dollar signs of the offer— not that offer price isn’t something that’s important, because it is, it’s just not the only thing sellers should consider.
Just like conditions are important to weigh in the decision process–and even more so during this economic climate–sellers will also think about whether or not the prospective buyer has been vetted and truly pre-approved by a local lender.
Having a local lender who understands the market is key. Market knowledge enables an underwriter to easily tackle each element involved in going from contract to closing, as there’s no shortage of hurdles buyers have to overcome during the home buying process, and local lenders are best served to help you maneuver those roadblocks.
Worried about the closing timeline?
A lot of people are shocked to find out that local lenders are just as fast as online companies. There’s no reason why we wouldn’t be able to get a client from contract to close in 30 days. If you’re pre-approved with us, we can even close in under 30 days.
And if you hate 1-800 numbers and being on hold for 30 minutes, don’t worry, you’ll have access to your Allen Tate Mortgage Consultant’s email and direct line.
Ready to get started?
Take advantage of our $500 Mortgage Purchase Special on all NEW home purchase loan applications received through April 30, 2020!