Getting your mortgage is just one aspect of getting into a new home. Realty World - Top Producers Realty, Inc. is experienced at aiding both new and experienced buyers alike in all areas of real estate. Call us today at 239-430-1700 if your needs include a real estate pro experienced at the business side of buying and selling.
Do you want to finance your home in NAPLES? Realty World - Top Producers Realty, Inc. can help.
Feeling lots of anxiety over applying for a mortgage? You don't have to be.
I've got great connections to many lending companies in NAPLES, and they've helped me realize some things that will make the loan application process pretty simple.
1 – Put together a list of questions about your loan program
If you find that you do not totally realize the advantages and disadvantages of all the various loan programs, be sure you bring a list of questions with you.
I or one of my trusted lenders will be able to assist you with understanding the advantages and disadvantages of each one, because it's a challenge to understand the distinctions between both fixed and adjustable rate mortgages.
2 – Decide when you want to lock
When you lock in an interest rate, it means that the lender holds to the mortgage interest rates for the loan – generally at the time the loan application is sent in.
By floating the rate, you can lock the rate anytime between the day you apply for your loan and issuance of closing documents. Those who prefer to float conclude that interest rates will drop in the near future. Click here to see the outlook for the next 90 days of interest rates.
3 – Determine if you want to pay additional points to lower your interest rate
Usually you can decide to pay additional points to lower the interest rate of your loan. Each point is 1 percent of the mortgage loan and is payable in cash at the time of closing.
If you're uncertain as to whether or not buying points is right for you, click here to use our points calculator.
4 – Compile your paperwork
Obtaining a loan requires lots of paperwork, so you should spend some time getting your documentation together. Click here to see general information that goes on a loan application.
CALL 1-800-214-4945 TOLL FREE OR IN NAPLES 239-430-1700
REALTY WORLD - TOP PRODUCERS REALTY, INC IS A FLORIDA LICENSED REAL ESTATE FIRM
Realty World - Top Producers Realty, Inc. 1185 8th Street South NAPLES, FL 34102
