Hey y'all, Tanya Kerr here with some insights about choosing the right home loan lender –

We often get asked by clients about opting for big-name home loan lenders because of their seemingly attractive rates. But here’s the deal: we encourage our clients to let a local lender try to match those rates first. Why? Because in our experience, those big-name lenders often have a high volume of files, which can lead to cutbacks in service and attention to each individual client.

We've seen cases where big lenders have missed crucial deadlines and delayed closings by weeks, putting earnest money and entire deals at risk. Remember, when you're far into a transaction, you've likely exhausted your contingencies, so any delays can be costly.

But it’s not just about meeting deadlines. Choosing a local, reputable lender means getting someone who's proactive, ensuring all documents are in order for the underwriter, leading to smoother transactions. We've had situations where big lenders overlooked critical details, like a certificate of entitlement, causing last-minute chaos at closing. This isn’t just inconvenient – it can mean buyers needing to bring more cash to closing, or worse, deals falling through.

In a recent transaction, a major lender's error nearly jeopardized the sale and resulted in unexpected expenses and stress for the buyers. We pride ourselves on smooth transactions, but unforeseen issues sometimes arise. Our team sprang into action with laser focus on solutons to get both buyers and sellers smoothly to the closing table.

So, when you're choosing a lender, it's not just about rates. It’s about service, attention to detail, and a proactive approach. Our team is here to guide you through these choices, ensuring that your real estate journey is as smooth and successful as possible. Let’s make your property dreams a reality, with the right team and the right lender by your side! 

-Tanya

Looking for more real estate insights or ready to start your home buying journey? Connect with us at T. Kerr Property Group, where your home dreams are our mission.

Call us today at: (512) 851-8350