Getting your mortgage is just one aspect of a home purchase. Integrity First Real Estate & Consulting is seasoned at helping new and experienced in all areas of real estate. Call us today at 704-444-9996 if your needs include a real estate pro experienced at the business side of real estate.


Are you thinking of financing your new home in CHARLOTTE?

When purchasing a home, applying for the mortgage loan is very stressful for many people, but it doesn't have to be. I have excellent relationships with several mortgage lenders in the CHARLOTTE area, and they've helped me recognize some things that will make the process of applying for a loan pretty simple.

1 – Compose a list of questions about your loan program

If you find that you do not thoroughly comprehend the ins and outs of all the various financing options, be sure you bring a list of questions with you. It is often hard to understand the distinctions between both fixed and adjustable rate mortgages. I or one of my lender contacts will be able to assist you with understanding the advantages and disadvantages of both programs.

2 – Determine when you want to lock

When you lock in the rate, a mortgage lender is guaranteed to keep to the interest rates for the loan – normally 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 at the time of closing. Those who prefer to float conclude 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 rate

Typically you can decide to pay additional points to lower the rate of your loan. Every point is 1 percent of the loan and is payable in cash at closing. Click here to use our points calculator. This tool will assist you with determining if buying points is the best option for you.

4 – Gather your paperwork

Getting a loan requires a lot of paperwork, so you should spend some time getting all your documents together. Click here to see general information that goes on a loan application.

Integrity First Real Estate & Consulting 2654 CHILTON PLACE CHARLOTTE, NC 28207-2654
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