If you plan to use your new Outer Banks property as collateral for your loan then there are a few advantages to using a local lender. Lenders here are familiar with issues relating to the flood zones and the nuances of lending on vacation rental property.
Many Outer Banks lenders are either part of a national or regional company so they have competitive rates. Finding a loan product that matches your particular financial need should also not be a problem. These companies offer a wide variety of loan programs.
Below is the contact information on a few local lenders our clients have been happy using over the years.
David Joyner – Townebank Mortgage
David has helped many Scott Team Realty clients and is good at over coming issues that arise with mortgages. David is a the manager of the Kitty Hawk branch and has a hands on approach to getting loans processed. David.Joyner@townebankmortgage.com.
Leif Rasmussen US Bank Corp
Leif has been in the lending business on the Outer Banks for many years. He has competitive rates and will respond to calls and emails on the weekend.
Wendy Nelson -Wells Fargo Home Mortgage
NMLSR ID 450523
Cell: (252) 489-9276
Office (252) 480-0587 ext. 1018
Wendy has been fixture with the Wachovia/Wells Fargo bank on the Outer Bank for many years. Her commitment to customer service and knowledge of the local market helped her earn the position of Branch Manager. Wendy has tremendous knowledge base of the mortgage industry and can quickly pinpoint a program that will work best for you. firstname.lastname@example.org
Daniel Evans Movement Mortgage
Movement Mortgage is very quick at getting someone from the application stage to the loan approval stage.
Jamie Lavier – Towne Bank of Currituck
Office: (252) 261-1239
Jamie has is the top mortgage person in Towne Bank’s Southern Shores mortgage office. Towne Bank is quickly gaining market share on the Outer Banks since opening branches in North Carolina just a few years ago.
OTHER LOCAL Lenders:
Cindy Brown – Suntrust Mortgage – Office: (252) 255-1515
PNC Bank, (252)255-2100
Southern Bank & Trust, (252) 449-4499
Gateway Bank, (252)441-7886