How "local" is mortgage lending?An acquaintance is excited because they now work with a major bank's mortgage section. And the best news is...they can now lend pretty much "across the nation".Is this really "good". Is the mortgage industry sufficiently detached from locale that a lender really can effectively conduct business this way? Without knowing any better, it seems that things like local market prices, rules, etc. would be best served by a lender that is familiar with the area - not one a few thousand miles distant.October 03 2010 - Black Mountain Ranch00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.