
	Getting your loan locked down is just one aspect of a real estate transaction. RE/MAX Premier Group is seasoned at assisting new and experienced in all areas of real estate. Call us today at Ron 813-245-6531 if your needs include a real estate pro ready for the business side of real estate.

Looking to finance a home in Wesley Chapel? RE/MAX Premier Group can help.

Feeling lots of anxiety over applying for a mortgage? You don't have to be. I have close business relationships with a lot of lenders in the Wesley Chapel area, and they've helped me learn some things that will make the process of applying for a loan very easy.

1 – Organize a list of questions regarding your loan program

Be sure you have a list of questions if you find that you do not entirely understand the advantages and disadvantages of all the different loan programs. I or one of my lender contacts can assist you in understanding the advantages and disadvantages of each one, because it can be a challenge to understand the characteristics of fixed and adjustable rate mortgages.

2 – Decide when to lock

When you lock in a rate, it signifies that the lender guarantees the mortgage interest rates for the loan – often at the time the loan application is sent in. By floating the rate, you can lock the rate anytime between the day of your loan application and at the time of closing. Buyers who choose to float believe the interest rates will decline in the near future. Click here to see the outlook for the next 90 days of interest rates.

3 – Decide if you want to pay additional points to reduce your rate

If you decide to pay additional points to lower the rate of your mortgage loan, you'll do so by paying for them in cash at the time of closing. Each point is 1 percent of the loan. Click here to use our points calculator. This tool will help you decide if buying points is the best option for you.

4 – Compile your paperwork

Acquiring a mortgage loan requires a lot of paperwork, so you should spend some time getting all your documents together. Click here to get a feel for common information that goes on a loan application.

RE/MAX Premier Group, 27219 State Road 56, Wesley Chapel, FL 33544
Ron's Cell: 813-245-6531 Melissa's Cell: 813-368-2509