If you plan to purchase a home this year, you are about to make one of the largest purchases you’ll ever make! That is exciting but a little daunting, too, if it is your first time navigating the homebuying process. In truth, there are a lot of decisions that you’ll want to get right along the way to ensure you end up with the perfect home that meets your needs within your budget. One of the biggest choices you will have to make is the lender you plan to move forward with. We have four reasons why it makes the most sense to work with a local mortgage lender as you move toward purchasing a home.

Reputation at Stake

Local lenders rely heavily on referrals for future business, so they have every reason to provide their clients with top-notch service. On the other hand, big banks do not have anything at stake when working with new clients. Didn’t get the quality level of service you expected? Even if you leave a negative review, it’s doubtful to slow down these massive establishments or hinder their ability to acquire client interest in the future. 

Face to Face Service

Would you rather talk in person than over the phone? Local lenders can absolutely make time for that, and you won’t have to drive far out of the way to meet with them. Sometimes working together in person is the best way to get on the same page and resolve any issues or unanswered questions.


Real estate agents, buyers and sellers all have one thing in common: they want deals to close as quickly as possible to move forward with the sale of a home. When speed is a priority, local lenders are the best choice. Big banks will often extend and delay a loan’s closing, whereas local lenders have a reputation for closing them on time. Usually, the stress and uncertainty that bank lenders cause can be the difference between purchasing the home of your dreams and narrowly missing out.   

Local expertise

Local lenders tend to have a firm grasp of the area and its real estate market. In addition to relationships with local real estate agents, this knowledge can really help set prospective homeowners on a smooth, uninterrupted path toward homeownership. Moreover, if a seller is sorting through a hand full of competitive purchase offers, working with a trusted local lender may be the deciding factor that makes them select your offer from the crowd.

Golden Lenders is the Local Mortgage Lender for Your Needs

Golden Lenders helps home buyers in Colorado, Florida, and California understand the different types of mortgages available and provide loans to help people achieve the dream of homeownership.  Since the specifics of which mortgage to choose is dependent on a variety of factors, we encourage you to call us for more information and find out which is right for you. Our number is (303) 482-2361, or you can send us a message.