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Ambassador
4,378,500
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

The Local Bank!

Much more flexible, and when there is a problem I can talk to them.

 

Sep 16, 2015 08:45 AM
Rainmaker
551,335
Sara Wagner
The Woodland Companies - Adams, WI
Stevens Point Rentals

Local bank or S&L

Feb 10, 2019 12:25 AM
Rainmaker
529,000
Gary Coles (International Referrals)
Venture Realty International - Las Vegas, NV
Latin America Real Estate

I prefer local in everything I do

Sep 17, 2015 03:21 AM
Rainmaker
3,132,499
Richard Weeks
Dallas, TX
REALTOR®, Broker

Local and one who has control over underwriting.  Why because things get done.

Sep 16, 2015 10:19 PM
Rainmaker
111,580
Jeanne Feenick
NextHome Premier - Basking Ridge, NJ
Basking Ridge, Warren, Bridgewater Market Expert

I prefer to work with someone I know well - and can trust. Everything looks easy out of the gate -- but bumps in the road will come, and when they do, I want someone who is responsive to the buyer and to me - and will get up off their hind end to address issues and reach a successful outcome.

Sep 16, 2015 10:11 PM
Rainmaker
1,157,274
FN LN
Toronto, ON

I am curious why the big national banks are not included as an option in your question.  A lot of people prefer to deal with the Big 5.

Sep 16, 2015 08:11 PM
Rainmaker
799,219
Troy Erickson AZ Realtor (602) 295-6807
Good Company Real Estate www.ChandlerRealEstate.weebly.com - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Jeremy - I would prefer to work with a professional who is honest, I can trust, and who will communicate with me. Someone who knows their stuff. It doesn't really matter to me if they are local or national.

Sep 16, 2015 02:42 PM
Ambassador
3,681,846
Patricia Kennedy
RLAH Real Estate - Washington, DC
Home in the Capital

I have a strong preference for the small, regional banks.  They have just consistently done a better job in my market than the Banks of the World.

Sep 16, 2015 12:55 PM
Ambassador
2,191,051
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

I like working with our local lenders. We have issues with water that can be quite unique. Local lenders know about them, and this makes it easier to get things done. 

Sep 16, 2015 12:11 PM
Ambassador
1,770,095
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

I like a local mortgage broker I work with and get excellent service.

Sep 16, 2015 11:48 AM
Ambassador
3,983,810
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

I prefer the local lender 2 to 1 over the national groups because they have proved they can do it faster and stay in touch. 

Sep 16, 2015 08:42 AM
Rainmaker
365,635
Jill Murty, Realtor - Orange County, CA
PREA Realty - Laguna Niguel, CA

I like local.  There are fewer corporate layers to navigate and customer service tends to be better on the local level. 

Sep 16, 2015 08:36 AM
Ambassador
2,897,794
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

local local local.  they can be a large business, but I must have a local LO who communicates.

Sep 16, 2015 08:07 AM
Rainmaker
2,487,538
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Everything I do has to be hands on personal service. Whoever can do that is who I do business with

Sep 16, 2015 08:00 AM
Rainmaker
1,372,625
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

Large national mortgage companies are a path to the "dark side" in use of the English language.

Sep 16, 2015 07:46 AM
Rainmaker
3,055,911
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Local and regional all day every day and the reason is clear.... for service. 

Sep 16, 2015 07:44 AM
Rainmaker
1,523,705
Sybil Campbell
Long and Foster REALTORS® 5234 Monticello Ave Williamsburg, Virginia - Williamsburg, VA
REALTOR® ABR, SFR, SRES Williamsburg, Virginia

I prefer local so if there is a problem I can walk into their office and discuss it face to face.

Sep 17, 2015 12:25 PM
Rainmaker
746,080
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

No contest here - working with local banks is SO much easier!

Sep 17, 2015 06:12 AM
Rainer
149,706
Michael Thacker - Re/Max Real Estate Center - Louisville
Re/Max Real Estate Center - The Thacker Group - Louisville, KY
Your best friend who just happens to be a Realtor

I prefer local myself, they seem to be much more responsive to my clients and my needs.

Sep 17, 2015 06:04 AM
Rainmaker
1,675,429
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

Large mortgage company is my choice.

Sep 16, 2015 01:10 PM
Rainmaker
2,394,983
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

I work with Guaranteed Rate because the Loan Officer that works from them is honest, has integrity and you can believe anything he tells you.  Plus he closes all of them he gives a pre approval on.  It is a national company with a local office.

Sep 16, 2015 10:40 AM
Rainmaker
698,927
Chris and Dick Dovorany
Homes for Sale in Naples, Bonita Springs and Estero, Florida - Naples, FL
Broker/Associate at Premiere Plus Realty

Local would be so much easier but in this market that ship has sailed.

Sep 16, 2015 09:17 AM
Rainmaker
759,552
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

Local is usually more familiar with the market, but larger banks have worked as long as they have a local office with a good loan officer.

Sep 16, 2015 09:02 AM
Rainmaker
2,856,018
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Jeremy, very good question.

Sep 16, 2015 08:44 AM
Rainer
60,591
Renee Paray
Coldwell Banker Preferred - Blue Bell, PA
REALTOR

In my experience with large national mortgage companies, I have always encountered delays or blown deadlines. I call and they say, your call is important to us, but you need to speak to Mr. or Mrs. XXX and they are out until Monday. Regional Banks have been a lot smoother experience with me so far. 

Sep 16, 2015 07:38 AM