In the sometimes confusing world of mortgage lending I am often asked what sets us apart from the competition. After all, aren’t all mortgages the same? Several things make Baylake Bank an excellent choice for your mortgage needs:
- Local Processing and Decision-Making – Your loan is processed locally by an experienced team of underwriters who understand customer relationships and our local economy. In other institutions, the processing and underwriting is often completed outside the area or state due to centralization. Our local processing of government-sponsored loans also allows for expertise of these specialized mortgage loan programs.
- Local Products – Baylake Bank offers many in-house options for home financing to customers who do not quite fit the normal mortgage program or for properties that are unique and may have difficulty meeting the secondary market guidelines. Baylake Bank works to find the solution.
- Local Appraisers – Baylake Bank works with local appraisers for faster turn-around and because they have an understanding of our local markets. Other lenders sometimes use national appraisal management companies, which typically add cost and time to the appraisal process for the customer.
- Local Servicing - The choice is always up to our customer. Baylake Bank offers a variety of home loan products that offer Baylake Bank servicing, too.
Considering the many financing options available to you as a new home buyer, we hope you will consider the “local appeal” of Baylake Bank’s Mortgage Lending team. Contact a Baylake Bank Financial Center for details.