Why Dealing with A “New Bern” Local Lender Can Save Your Life
April 29th, 2008 Categories: Home Buyer Tips
After reading an article today from the
“Bloodhound” called
I am even more concerned when a client wants to use an Internet Lender!
Apparently, some of Lending Tree’s former employees were allowing other lenders to steel protected private passwords of Lending Tree’s customers. They gave personal information to these outside predators such as social security number, income and employee data.
By the practices above, It only reconfirms the advise that I have been giving to my clients over the years I have been a Real Estate agent. I have always recommended that my clients use lenders that they personally know or that are recommended to them from reliable sources. The safe thing about using a local lender is that they keep your information with in their organization, write their loans in house and are excessible to you face to face. Talking to someone face to face sure gives you a lot more information about who you are dealing with then a computer screen does.
If there is an issue, a local mortgage company can provide you with answers in person that day, not have to wait for someone to pick up their emails. These local business men and women care about their reputation in the towns where they live and are less likely to do something wrong because of that reason. Real Estate agents like to work with these local individuals because of the services they do provide. They call back our clients in a timely manner, explain the loan process thoroughly and communicate with all of the other local experts involved in the transaction.
For these reasons and more I would always recommend a bank or mortgage company that I can reach out and touch, literally!
