
	Securing financing is just one aspect of a home purchase. Century 21 Advantage Gold is seasoned at assisting new and experienced in all areas of real estate. Call us today at 702-214-1400 if your needs include a professional REALTOR^® ready for the business side of buying and selling.

Are you thinking of financing your home? Century 21 Advantage Gold can help.

Feeling lots of anxiety over getting financing for a home purchase? You don't have to be. I have excellent relationships with several lenders in the Las Vegas area, and they've helped me recognize some things that make the loan application process uncomplicated.

1 – Compose a list of questions about your loan program

If you find that you do not perfectly comprehend the advantages and disadvantages of the different loan programs, make sure to have a list of questions with you. Oftentimes, it can be a challenge to know the distinctions between both fixed and adjustable rate mortgages. I or one of my lender contacts will be able to assist you in understanding the advantages and disadvantages of each one.

2 – Determine when you want to lock

When you lock in the rate, it denotes that the mortgage lender commits to the mortgage interest rates for the loan – typically at the time the loan application is presented. By floating the rate, you can lock the rate anytime between the day you apply for your loan and closing. Buyers who decide to float think interest rates will drop 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 interest rate

If you opt to pay additional points to lower the interest rate of your loan, you will do so by paying for them in cash at closing. Each point is 1 percent of the mortgage loan. Click here to use our points calculator. This tool will assist you in deciding if buying points is the best option for you.

4 – Bring your paperwork

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