Getting your loan locked down is just one part of a home purchase. Watson Realty Corp. is seasoned at assisting new and experienced in all areas of real estate. Contact us if your needs include a real estate pro ready for the business side of buying and selling.


Are you thinking about financing your home?

For many people, applying for a mortgage loan is one of the most troublesome aspects of purchasing a house. But it doesn't have to be. I have excellent relationships with many lenders in Saint Augustine, and they've helped me learn some things that will make the loan application process easy.

1 – Assemble a list of questions about your loan program

If you do not completely comprehend the ins and outs of all the various financing options, make sure you have a list of questions. Oftentimes, it can be a challenge to understand the differences between both fixed and adjustable rate mortgages. I or one of my trusted lenders can help you understand the advantages and disadvantages of each one.

2 – Decide when you want to lock

Locking in the interest rate designates that your lender guarantees the mortgage interest rates for the loan – typically at the time the loan application is sent in. By floating the rate, you can lock the rate anytime between the day of your loan application and closing. Buyers who elect to float conclude interest rates will dip 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 lower your interest rate

When you opt 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 loan. Click here to use our points calculator. It will assist you with deciding if buying points is the best option for you.

4 – Bring your paperwork

Obtaining a mortgage loan requires lots of paperwork, so you should spend some time getting your documents together. Click here to see typical questions you'll have to answer on a loan app.

Home Status Report

Want to know if a home is still on the market, or if the price has changed? We can help. Simply fill out the information below and with no obligation to you we'll get back to you with your requested information. We guarantee your privacy.
 
Your Information
*Name:
*Email:
Phone:

Property Information
Property 1:
Property 2:
Property 3:

Note: Fields with an * are required

* MOL = More or Less

Watson Realty Corp. 175 Hampton Point Drive Saint Augustine, FL 32092-1055
Phone: Toll Free Phone: Cell: Fax:

Curb Appeal List | Jacksonville | St. Augustine | OrangePark | Closing Costs | 1st Time Buyer | Get Pre-qualified | Inspection Tips | Home Buying Tips | Sell A Home | Real Estate Glossary | Home Selling Tips | Home | Get Pre-Approved | Schools/Area Links | Buy A Home | 9 Steps to Owning | 15 vs 30 Year Mtg Calc | Mortgage Calcs | A holiday sale? | Buying Foreclosures/REO's | My Blog | Short Sales

Copyright © 2012 Watson Realty Corp.
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: