Securing financing is just one part of getting into a new home. Guthridge Realty Associates is experienced at assisting both new and experienced buyers alike in all areas of real estate. Call me today at (814) 371-2100 if your needs include a professional REALTOR® ready for the business side of buying and selling.
Let Guthridge Realty Associates help you with financing a home in DuBois.
Stressed out about applying for a mortgage? You don't have to be. Being close with many mortgage lenders in the DuBois area has helped me learn a lot of the things that will make the process of applying for a loan very easy.
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If you do not completely realize the pros and cons of all the different financing options, be sure to bring a list of questions with you.
Oftentimes, it can be a challenge to know the distinctions between fixed and adjustable rate mortgages. One of my lender contacts or I can assist you with understanding the advantages and disadvantages of both.
Locking in a rate means that a lender keeps to the interest rates for the loan – generally at the time the loan application is sent in.
By floating the rate, you can lock the rate anytime between the day you apply for your loan and issuance of closing documents. Buyers who elect to float believe the interest rates will decline in the near future. Click here to see the outlook for the next 90 days of interest rates.
When you choose to pay additional points to lower the interest rate of your loan, you will pay for them in cash at the time of closing. Each point is 1 percent of the loan.
Click here to use my points calculator. This tool will help you determine if buying points is right for you. Getting a mortgage loan requires lots of paperwork, so you should spend some time getting your documents together. Click here to preview common information that goes on a loan application. |