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The Pros and Cons of Using a Local Lender

Attention, home buyers! If you’re currently on the hunt for a lender, we’re going to let you in on a not-so-secret tip… 
 
Always. Choose. Local. 
 
Buying a home is a HUGE decision—and so is the lender you work with. Local lenders are more likely to provide you with stellar service because their reputation is at stake. Not to mention, your hard-earned dollars will often be recirculated within your community. So basically, it’s a win-win-win! 
 
Here’s a breakdown of the pros and cons of using a local lender.
 
Pros:
Local expertise
Personalized service
Support the local economy
Possible lower fees and interest rates
 
Cons:
Longer lender search
Fewer loan options
Less brand recognition
 
Want to know which lenders our buyers have used and loved in our area? Just say the word!
 
“Bringing You Home to the Good Life”⁠
#pentictonrealestate #pentictonbc #pentictonrealtors #bcrealestate #visitpenticton

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