Whether you are a first time buyer or are purchasing a vacation home on the Vineyard, there are many benefits to using a local bank or mortgage company. Their representatives have roots in the community and a broad understanding of the local customs and practices. Their appraisers are extremely knowledgeable about the unique nature of Vineyard real estate and property valuations.
It is important to know that lending guidelines vary depending on the bank, especially in regard to down payment and loan limits. We have strong relationships with all local banks and mortgage brokers but don't have any affiliations with any particular agents. We would be happy to give you names of people who we think would be a good fit for your transaction and who can guide you through the mortgage process from pre-approval to closing. From there, you can contact different representative to find out what kind of packages they offer, and make your choice accordingly. We will, of course, be available to assist and facilitate in any way necessary.