Securing financing is just one aspect of a home purchase. Remax Marketplace is seasoned at aiding new and experienced in all areas of real estate. Contact us if your needs include a real estate pro ready for the business side of real estate. Are you financing a new home in Celebration? Remax Marketplace can help. When buying a home, applying for financing is very stressful for a lot of people, but it doesn't have to be. Having connections to various lending companies in the Celebration area has helped me realize a lot of the things that make the process of applying for a loan much easier. 1 – Make a list of questions about your loan program If you don't fully realize the pros and cons of all the different programs, be sure you have a list of questions. I or one of my lender contacts can assist you with understanding the advantages and disadvantages of both programs, because it's a challenge to understand the differences between both fixed and adjustable rate mortgages. 2 – Determine when you want to lock When you lock in the interest rate, it signifies that the lender guarantees the mortgage interest rates for the loan – ordinarily 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 issuance of closing documents. Those who elect to float conclude the interest rates will fall 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 Typically you can choose to pay additional points to lower the rate of your mortgage loan. Every point is 1 percent of the loan and is payable in cash at closing. If you're not sure if purchasing points is right for you, click here to use our points calculator. 4 – Compile your paperwork Acquiring a loan requires a lot of paperwork, so you should take some time to get all your documents together. Click here to preview general questions you'll have to answer on a loan app.

Karyn Smith Realtor GRI ABR Broker Associate 321 939 7671

Karyn@SearchFloridaHome.com

Celebration Kissimme Florida 34747 North Village, South Village, East Village, West Village, Aqulia Reserve, The Acadias, Artisan Park, Lake Evalyn, Celebration Village, Roseville Corner