Home Our Featured Homes Contact Us Why Choose Me!

Are you thinking about financing a new home?

Applying for mortgage financing can be one of the most stressful elements of purchasing a house, but it doesn't have to be. I'm very well-connected to many mortgage lenders in Sanibel, and they've helped me understand some things that will make the loan application process uncomplicated.

1 – Assemble a list of questions about your loan program

If you do not thoroughly understand the pros and cons of all the different programs, make sure to bring a list of questions. It is hard to understand the differences between both fixed and adjustable rate mortgages. I or one of my lenders will help you understand the advantages and disadvantages of both programs.

2 – Decide when to lock

When you lock in the interest rate, it means that the mortgage lender keeps to the mortgage interest rates for the loan – often at the time the loan application is received. By floating the rate, you can lock the rate at any time between the loan application day and at the time of closing. Buyers who decide to float presume that 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 decrease your interest rate

If you elect to pay additional points to lower the rate of your mortgage loan, you'll do so by paying for them in cash at closing. Every point is 1 percent of the loan. Click here to use our points calculator. This tool will help you determine if purchasing points is right for you.

4 – Gather your paperwork

Acquiring a loan requires a lot of paperwork, so you should spend some time getting all your documents together. Click here to get a list of typical loan documentation.

Looking to Buy?

Are you looking to buy a house? Let us help you. Just fill out as much of the information below that you want and we'll get right back to you, with no obligation to you. We guarantee your privacy.

Your Information
Some Details