Choose a Local Lender
Published: January 2021
Author: Bank of England Mortgage Staff
Home buyers have ample options when choosing a mortgage lender, including neighborhood credit unions, big-name national banks and online-only lenders. But which type appeals the most to consumers across the country? For many people, a local bank or credit union is the top choice.
Since 1898, Bank of England Mortgage has focused on putting you first. From our humble roots in 19th-century Arkansas, we have grown, becoming a mortgage powerhouse with offices in over 40 states. This growth is driven by our client first attitude and making decisions based on what is in your best interest.
Some top reasons that home buyers pick local lenders is:
- Local banks and credit unions offer greater responsiveness to their customers.
- Local lenders tend to be more flexible in their loan guidelines.
- Small lenders often focus on niches the big banks tend to pass over.
- Local banks are more familiar with local market conditions and will factor this information into your loan approval.
Wherever you may be - a local Bank of England Mortgage office is nearby. This allows us to know our borrowers. We see you every day at the grocery store, at little league games and at the PTA. Because we know you so well, we are more in tune with what you need and can identify the best way to help you reach your goals. When that knowledge is combined with our mortgage expertise, great things happen.
We thank our friends for over a hundred and twenty years of trust and we'll continue to work hard and help make dreams come true.
Visit www.boemortgage.com to learn more!