
	Securing financing is just one aspect of a home purchase. Beth Enos Realty Group is seasoned at assisting both new and experienced buyers alike in all areas of real estate. Contact us if your needs include a real estate pro experienced at the business side of real estate.

Looking to finance a new home in So. Easton? Beth Enos Realty Group can help.

Stressed out about applying for a mortgage? You don't have to be. I have close professional relationships with various lenders in So. Easton, and they've helped me learn some things that can make the loan application process a snap.

1 – Organize a list of questions about your loan program

Be sure you bring a list of questions with you if you find that you do not totally comprehend the ins and outs of all the various programs. Oftentimes, it can be hard to know the characteristics of both fixed and adjustable rate mortgages. I or one of my trusted lenders will help you understand the advantages and disadvantages of each.

2 – Determine when you want to lock

Locking in a rate means that your lender holds to the mortgage interest rates for the loan – ordinarily at the time the loan application is submitted. By floating the rate, you can lock the rate at any time between the loan application day and the issuing of closing documents. Those who decide to float believe that interest rates will dip 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 reduce your rate

If you opt to pay additional points to lower the interest rate of your mortgage loan, you will do so by paying for them in cash at the time of closing. Every point is 1 percent of the loan. Click here to use our points calculator. It will help you determine if buying points is right for you.

4 – Gather your paperwork

Getting a loan requires a lot of paperwork, so you should take some time to get all your documentation together. Click here to preview general information that goes on a loan application.