
	Securing financing is just one part of a real estate transaction. Dianne Denis is experienced at helping new and experienced in all areas of real estate. Contact me if your needs include a professional REALTOR^® experienced at the business side of buying and selling.

Are you financing your home in Weston? Dianne Denis Real Estate can help.

When purchasing a home, applying for the loan is stressful for a lot of people, but it doesn't have to be. I have close relationships with various mortgage lenders in Weston, and they've helped me realize a few things that make the loan application process a breeze.

1 – Compile a list of questions regarding your loan program

If you do not totally realize the ins and outs of the different loan programs, make sure to bring a list of questions. It's hard to know the distinctions between both fixed and adjustable rate mortgages. I or one of my lenders will assist you in understanding the advantages and disadvantages of both programs.

2 – Determine when to lock

When you lock in the interest rate, a mortgage lender is sure to hold to the mortgage interest rates for the loan – normally at the time the loan application is presented. By floating the rate, you can lock the rate anytime between the day you apply for the loan and issuance of closing documents. Those who opt to float presume that the interest rates will decline in the near future. Click here to see the outlook for the next 90 days of interest rates.

3 – Decide if you want to pay additional points to decrease your rate

When you decide to pay additional points to lower the rate of your loan, you'll do so by paying for them in cash at closing. Every point is 1 percent of the mortgage loan. To determine if purchasing points is the best option for you, click here to use our points calculator.

4 – Bring your paperwork

Getting a mortgage loan requires a lot of paperwork, so you should spend some time getting your documentation together. Click here to see normal questions you'll have to answer on a loan app.