Getting your loan locked down is just one part of getting into a new home. Golden Corner Realty & Dev. Inc. is seasoned at helping new and experienced in all areas of real estate. Call us today at (864) 885-1445 if your needs include a real estate pro experienced at the business side of real estate.

Thinking of financing a home? Weichert Realtors - In The Golden Corner can help.

When purchasing a home, the mortgage loan application is distressing for a lot of people, but it doesn't have to be. We have excellent relationships with various lending companies in the Seneca area, and they've helped us realize a few things that can make the loan application process pretty simple.

1 – Compose a list of questions regarding your loan program

If you find that you do not perfectly realize the pros and cons of all the various financing options, be sure you bring a list of questions with you. It's hard to understand the distinctions between both fixed and adjustable rate mortgages. One of our lenders or associates will assist you in understanding the advantages and disadvantages of each one.

2 – Decide when you want to lock

Locking in an interest rate means that a mortgage lender commits to the 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 opt to float conclude that the interest rates will drop in the near future. Click here to see the outlook for the next 90 days of interest rates.

3 – Bring your paperwork

Acquiring a mortgage loan requires lots of paperwork, so you should take some time to get all your documents together. Click here to preview typical questions you'll have to answer on a loan app.