DCCU Routing # 251483311
DCCU Routing # 251483311
Buying a home is likely one of the largest purchases most people will make in their lifetime. Selecting the right mortgage lender involves more than just getting a good interest rate. You want to choose a lender that is accessible and has your best interest in mind.
Mortgage lenders come in many shapes and sizes. While the familiarity of national lenders or the convenience of online lenders may sound appealing, there are several reasons why working with a local mortgage lender may be a good option.
Local Knowledge
Local mortgage lenders bring the added benefit of being an active part of the community you share. They often live in communities you live in, understand the uniqueness of the local landscape, and are knowledgeable of local real estate trends.
Local Decisions
A local lender is well-versed on the local market. They often have their own underwriters, which allow them to approve their own loans. Local lenders are also usually well connected to other resources, like appraisers and title companies.
Personalized Service
It is important that you partner with a mortgage team who will guide you through the entire process. When working with a local mortgage lender, you can meet with your lender in person and they will take the time to get to know you and your current financial situation. This helps ensure that you are matched with the mortgage that best fits your needs.
Variety of Loan Options
Whether you are looking to purchase or refinance, local lenders typically have a variety of loan options available to you that come in different terms. That means you may have more freedom and flexibility in choosing the lending option that best suits you.
There's value in choosing a mortgage lender that knows the area in which you are buying. Local lenders have a much better understanding of the local market, are able to make decisions locally, offer personalized service, and typically have access to a variety of loan options.
Learn more about DCCU mortgage options here.
This article is for general information only and not intended to provide specific advice or recommendations for any individual.