This can put them in a better position to resolve conflicts during the loan approval process. Local expertise and connections: Smaller banks argue that there is an advantage to working with people who know the area and sometimes have an existing relationship with the real estate agent.Of course, some community banks offer these as well, but it is not always the case. In addition to conventional fixed- and adjustable-rate mortgages, the company also offers specialized products such as the Federal Housing Administration (FHA) and Veterans Administration (VA) loans. Selection: Bigger mortgage companies often provide a broader menu of financial products.In fact, many customers like the anonymity of electronic communication, which sometimes makes it easier to open up about one’s financial situation. Anonymity: Some people prefer to meet with their lenders face to face, but that is not true for everyone.There is no need to upload documents manually. Speed: The company once boasted that Rocket Mortgage users can get approved for a loan in as little as eight minutes, after plugging in some personal information on a computer or mobile device.Going with a digital lending solution is especially handy for those who work long hours and have trouble finding time for personal projects during traditional business hours. And by using Rocket Mortgage, you can apply for a loan on the Internet at any time of the day. With lenders like Rocket Mortgage, you can start the process by chatting online or talking on the phone. Convenience: Since the advent of the internet, Americans are used to doing things on their own timetable.