Securing financing is just one aspect of a real estate transaction.

Let us assist you in finding the right person to help you finance your new home.

Stressed out about applying for a loan? You don't have to be. We know some of the best lenders in Southern Californai and we'd be happy to introduce you. 

1 – Compose a list of questions about your loan program

Make sure you have a list of questions if you find that you don't completely understand the ins and outs of all the various loan programs. One of my lenders or I can assist you in understanding the advantages and disadvantages of both programs, because it's a challenge to know the distinctions between both fixed and adjustable rate mortgages.

2 – Determine when you want to lock

Locking in the rate signifies that the lender guarantees the mortgage interest rates for the loan – typically at the time the loan application is received. By floating the rate, you can lock the rate anytime between the day you apply for the loan and the issuing of closing documents. Those who decide 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 reduce your rate

You can choose to pay additional points to lower the rate of your loan. Each point is 1 percent of the mortgage loan and is payable in cash at closing. Click here to use my points calculator. This tool will assist you in determining if purchasing points is right for you.

4 – Gather your paperwork

Obtaining 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.