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Exit Mid-Rivers

Local Banks have money to loan

Today it's harder to finance a house than it's ever been.  So many deals are falling through because the banks just aren't lending money.  I find, however, that the local small banks have plenty of money to lend.  We have had some deals almost fall through, then a local bank comes in and the deal goes through.  They appear to be more solvent than their larger counterparts.
Published Wednesday, October 15, 2008 12:49 PM by Exit Mid-Rivers

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