I moved to a new city and have been trying to locate a new bank. After a terrible relationship with BoA, I've decided it makes sense to find a small, local bank or credit union that offers all of the typical features, plus home mortgages, equity lines, business loans, construction loans, etc. I'm planning to do some real estate deals and want to build a solid relationship with the bank I join.
I found a bank that comes highly recommended and meets all of the requirements above, with the exception of home mortgages. They said they refer you to other local lenders when it comes time for a mortgage.
Does anyone have experience with this? Do you think it matters that I can't get my mortgage(s) through them, or is this pretty standard for smaller banks?
Thanks.
I found a bank that comes highly recommended and meets all of the requirements above, with the exception of home mortgages. They said they refer you to other local lenders when it comes time for a mortgage.
Does anyone have experience with this? Do you think it matters that I can't get my mortgage(s) through them, or is this pretty standard for smaller banks?
Thanks.
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