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Updated over 1 year ago,
Local Lender vs. Out of State Lender
Hello! I just made an offer to purchase my first rental property. I’ve got my pre-approval from out of state lender. Now, my realtor told me that the seller wants a local lender before they accept my offer and connected to loan officer to apply for pre-approval. Does it make any difference to work with local lender? Thank you so much 😊