Charles Rutenberg Realty
Why Choose Me!
Home Buyer Checklist
First Time Buyers
Applying for a Loan
9 Steps to Owning
Free Home Valuation
Curb Appeal List
Staging Your House
Why an inspection?
Flowers Add Curb Appeal!
Improvements That Pay
Get the Highest Price
How Escrow Works
Getting your mortgage is just one aspect of a home purchase.
if your needs include a real estate pro experienced at the business side of real estate.
Are you thinking about financing a home? We can help.
Feeling lots of anxiety over getting financing for a home purchase? You don't have to be. I have close professional relationships with some reputable mortgage lenders in Orlando, and they've helped me learn some things that will make the loan application process a snap.
1 – Assemble a list of questions about your loan program
Make sure to have a list of questions if you find that you don't completely grasp the pros and cons of the various programs. It is often a challenge understanding the distinctions between both fixed and adjustable rate mortgages. I or one of my lender contacts can assist you in understanding the advantages and disadvantages of each program.
2 – Determine when you want to lock
Locking in the interest rate designates that the lender keeps to the interest rates for the loan – typically at the time the loan application is presented. By floating the rate, you can lock the rate at any time between application and at the time of closing. Buyers who opt to float presume that interest rates will plunge 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 rate
Typically you can choose to pay additional points to lower the interest rate of your mortgage loan. Every point is 1 percent of the mortgage loan and is payable in cash at closing. Click
to use our points calculator. It will assist you with determining if buying points is right for you.
4 – Bring your paperwork
Getting a loan requires a lot of paperwork, so you should take some time to get all your documentation together. Click
to see general information that goes on a loan application.