Securing financing is just one part of a home purchase. Re/Max Accord-Fremont is seasoned at helping both new and experienced buyers alike in all areas of real estate. Contact us if your needs include a real estate pro experienced at the business side of buying and selling.


Looking to finance a home in Fremont?

Stressed out about getting financing for a home purchase? You don't have to be. Having connections with a lot of mortgage lenders in Fremont has helped me realize a few things that can make the process of applying for a loan a snap.

1 – Put together a list of questions about your loan program

Make sure to bring a list of questions with you if you don't perfectly grasp the pros and cons of the different programs. It is hard to understand the characteristics of both fixed and adjustable rate mortgages. I or one of my lenders can assist you with understanding the advantages and disadvantages of each program.

2 – Decide when you want to lock

When you lock in the interest rate, it designates that your lender holds to the mortgage interest rates for the loan – typically at the time the loan application is submitted. By floating the rate, you can lock the rate anytime between the day you apply for the loan and closing. Buyers who opt to float think the interest rates will decline 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 reduce your interest rate

Typically you can decide to pay additional points to lower the interest rate of your loan. Each point is 1 percent of the mortgage loan and is payable in cash at the time of closing. Click here to use our points calculator. It will help you decide if buying points is right for you.

4 – Bring your paperwork

Obtaining a loan requires lots of paperwork, so you should take some time to get your documentation together. Click here to preview typical questions you'll have to answer on a loan app.

Right Choice Realty & Loans DRE # - 01459303 39199 Paseo Padre Pkwy, Suite D Fremont, CA 94538
Phone: Fax:

MLS Search | Sell My House Fast | My Blogs | My Virtual Tours | First Time Buyers | Home Buyer Checklist | For Buyers | Real Estate Glossary | Selling Your Home | Home | Staging Your Home | Home Appreciation | Blog | Foreclosure Listings

Copyright © 2012 Right Choice Realty & Loans
Portions Copyright © 2012 a la mode, inc.
Another XSite by a la mode, inc. | Admin Login| Terms of Use| Site Map
All rate, payment, and area information are estimates and approximations only.



 
State:
County:
City:
Zip: