5 Reasons to Work with a Local Mortgage Lender in a Seller’s Market
In the current housing market, there is so much competition that there’s a high chance there will be another offer that’s equal to yours. So the difference between coming in first, versus second or third, often comes down not only to the lender’s reputation, but even to which lender answers their phone when the listing agent is making their calls. Don’t miss your one shot because you put your finances in the hands of a big bank that works 9am-5pm Monday through Friday. In today’s competitive housing market, working with a local mortgage lender can give you the edge you need. Here are five reasons why going local makes you a stronger buyer.
1. Local Lenders Are Easy to Reach—Evenings and Weekends Included
They’re available when it matters most—outside of banker’s hours—to get pre-approvals fast and answer listing agents’ calls in real time.
2. They Have Strong Relationships with Local Real Estate Agents
Their reputation matters. Local lenders are trusted, known by name, and add confidence to your offer because listing agents have closed deals with them before.
3. Your File Stays With One Person—Start to Finish
No being passed around! A local mortgage lender will personally manage your file and push it through to closing, keeping communication clear and on track.
4. Local Appraisers = More Accurate Valuations
Local lenders work with appraisal management companies who use appraisers that actually know the area—helping you avoid mismatched or undervalued reports.
5. They Can Close Faster—and That Wins Deals
Some local lenders can close in as little as 12–15 days. That speed can make all the difference in beating out other offers in a seller’s market.
Bonus: More Flexible Loan Options for Unique Buyer Needs
From self-employed buyers to medical professionals and jumbo loan clients, local lenders often offer creative financing options that bigger banks don’t.
Recommended Local Lenders in Gig Harbor
I would encourage you to call the following list of lenders, all of whom I can personally recommend. They are incredibly well-known in this market and will make you a more competitive buyer.
Megan Higgs
Hometown Lenders • (360) 731-3464
Ryan Johannes
Movement Mortgage • (425) 681-6475
Petros Christophilis
Cornerstone Lending • (206) 406-4690
Let’s Build Your Winning Buyer Team
Still have questions about choosing the right local mortgage lender? Call me directly at (253) 313-4093. Whether you’re just getting started or ready to make offers, I’ll help you build the perfect home-buying team—with the best local mortgage lender for your goals. Contact Paige today!
