Home purchasers seeking to stand out in competitive housing markets should consider a mortgage professional based in the area.
Don’t discount the benefits of shopping local—even for a mortgage professional.
In tight housing markets where bidding wars are common, buyers who need financing can strengthen their offers by working with a locally based mortgage broker or loan officer, real-estate agents and lenders say. “Getting a local person helps you over certain humps—it just really does,” said Laura Hodgson, a real-estate agent with The Cascade Team , who works in The Greater Seattle Area, and keeps a list of trusted mortgage pros on her website HERE.
Agents want to work with buyers whose lenders know the local market and have a record of…