It is best to try to find a local one. When we were considering buying a new home and needed preapproval some non local companies were trying to get us into a high risk ARM or high interest payment due to 1 late payment in 8 years! Keep in mind we have great credit history and only 1 reportable late payment in that time due to an error. We were shocked because we had never had a problem getting financing for our other 3 homes.

Then we went through a local company and they told us we had an excellent credit history and said it was the trend for non local/internet based companies to try to force you into a bad type of mortgage for their benefit...keep in mind we got a 3 different mortgages from the non local company in the past and was puzzled by them telling us we were just bad people who would have a hard time getting any mortgage because we were bad people with a bad history...1 missed payment on a $25 bank fee in 8 years!

Just be careful