Do you want to finance your home? Real Pro Properties can help.

Applying for mortgage financing can be one of the most demanding aspects of buying a house for a buyer, but it doesn't have to be. we work closely with many lenders in the Fresno area, and they've helped us learn a few things that make the process of applying for a loan effortless.

1 – Assemble a list of questions regarding your loan program

Be sure to have a list of questions with you if you don't perfectly comprehend the ins and outs of all the different loan programs. We or one of our lender contacts will be able to assist you in understanding the advantages and disadvantages of each one, because it can be hard to know the differences between fixed and adjustable rate mortgages.

2 – Determine when to lock

When you lock in the rate, it means that your lender commits to the interest rates for the loan – commonly at the time the loan application is presented. By floating the rate, you can lock the rate at any time between application and issuance of closing documents. Buyers who decide to float presume that the interest rates will dip in the near future. Click here to get information on the outlook for the next 90 days of interest rates.

3 – Determine if you want to pay additional points to lower your interest rate

If you choose to pay additional points to lower the interest rate of your mortgage loan, you will do so by paying for them in cash at closing. Each point is 1 percent of the mortgage loan. To decide if buying points is right for you, click here for more information .

4 – Gather your paperwork

Acquiring a loan requires lots of paperwork, so you should take some time to get your documentation together. Click here to speak to a loan officer today.