Local Lender financing

[Cynthia Truell]

Im looking to buy a home in the Savannah, Georgia area. I am currently renting and working out of state. My goal is to use the Georgia property as my primary residence, one day.  I only want to finance about 125K as I plan on using cash for remainder. I have seen some homes about 200k that will be fine. My question is should i go with a local banks vs local lending Co. as I've read on this forum that large banks don't tend to lend small amounts of cash. Is there any truth to this.My plan is to then after this purchase be able to finance my first investment property so I want to keep about 25% for that. I want to get pre approval asap!