
	Securing financing is just one part of getting into a new home. The Keyes Company Realtors is experienced at helping new and experienced in all areas of real estate. Contact us if your needs include a professional REALTOR^® experienced at the business side of buying and selling.

Are you financing a home in Jensen Beach? The Keyes Company Realtors can help.

When purchasing a home, applying for financing is very demanding for many people, but it doesn't have to be. I've got great connections to a lot of lending companies in the Jensen Beach area, and they've helped me recognize a few things that make the process of applying for a loan effortless.

1 – Put together a list of questions about your loan program

Be sure to have a list of questions with you if you do not totally understand the advantages and disadvantages of the different loan programs. It is a challenge understanding the characteristics of fixed and adjustable rate mortgages. I or one of my lender contacts will be able to assist you with understanding the advantages and disadvantages of each one.

2 – Decide when you want to lock

Locking in an interest rate designates that the mortgage lender commits to the interest rates for the loan – most often at the time the loan application is submitted. By floating the rate, you can lock the rate at any time between the day of your loan application and at the time of closing. Those who prefer to float conclude 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

When you opt to pay additional points to lower the interest rate of your loan, you will do so by paying for them in cash at the time of closing. Every point is 1 percent of the mortgage loan. If you're unsure if purchasing points is right for you, click here to use our points calculator.

4 – Compile your paperwork

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