From our experience, there are plenty of compelling reasons to work with a local lender when financing the purchase of an up-north property. Crystal Mountain Realty is not affiliated with any lending institutions, but we do maintain a short list of area lenders who have good programs, competitive rates and stellar service.
These lenders have a hands-on approach, and they offer personalized service & specially-designed/customized mortgage programs to meet the needs of a unique market. (Try explaining to Joe the lender from Big Bank in Somewheresville that you want to finance a seasonal 8th ownership fractional residence and see how that goes…)
Local lenders offer a wide range of products including conventional fixed-rate mortgages, adjustable rate loans with outstanding rates, construction financing, and loans for home sites and acreage parcels. They offer in-house processing, underwriting and servicing, which expedites transactions and means there’s a real live, reachable person you can meet with personally or talk to over the phone. Our local lenders work with knowledgeable, local appraisers, and did I mention their unwavering commitment to stellar service & prompt closing?
When the time comes to finance your up north property, let us help you streamline the process by providing our list of top notch local lenders.