Getting your loan locked down is just one aspect of a real estate transaction. Premier Realty Group (PRG) is seasoned at assisting new and experienced in all areas of real estate. Contact me if your needs include a real estate pro experienced at the business side of real estate.

Premier Realty Group (PRG) can assist you in financing your home in San Antonio.

When purchasing a home, the mortgage loan application is very demanding for a lot of people, but it doesn't have to be. I have close professional relationships with various lending companies in San Antonio, and they've helped me recognize a few things that will make the loan application process much easier.

1 – Compile a list of questions about your loan program

If you don't completely understand the advantages and disadvantages of the various programs, make sure to bring a list of questions with you. It's hard to know the characteristics of both fixed and adjustable rate mortgages. One of my lenders or I will assist you in understanding the advantages and disadvantages of each program.

2 – Determine when to lock

Locking in the interest rate means that a mortgage lender commits to the mortgage interest rates for the loan – commonly at the time the loan application is received. By floating the rate, you can lock the rate anytime between the loan application day and at the time of closing. Those who choose to float presume the interest rates will fall in the near future. Click here to see the outlook for the next 90 days of interest rates.

3 – Compile your paperwork

Acquiring a loan requires a lot of paperwork, so you should spend some time getting all your documents together. Click here to see common questions you'll have to answer on a loan app.