
	Getting your mortgage is just one aspect of a real estate transaction. Ben & Marie Lane, Watson Realty Corp. is experienced at aiding both new and experienced buyers alike in all areas of real estate. Call us today at 386-931-8531 if your needs include a professional REALTOR^® experienced at the business side of buying and selling.

Thinking about financing your new home in Flagler Beach, Palm Coast, Beachside? Ben & Marie Lane, Watson Realty Corp. can help.

Feeling lots of anxiety over applying for a mortgage? You don't have to be. I have close professional relationships with some reputable lending companies in Flagler Beach, Palm Coast, Beachside, and they've helped me realize some things that will make the loan application process very manageable.

1 – Organize a list of questions regarding your loan program

Be sure to bring a list of questions with you if you find that you don't entirely grasp the pros and cons of the different loan programs. It's a challenge to know the characteristics of both fixed and adjustable rate mortgages. I or one of my trusted lenders will assist you with understanding the advantages and disadvantages of each.

2 – Decide when to lock

By locking in the interest rate, a lender is keeping to the mortgage interest rates for the loan – generally at the time the loan application is received. By floating the rate, you can lock the rate at any time between application and at the time of closing. Buyers who elect to float presume interest rates will decline in the near future. Click here to see the outlook for the next 90 days of interest rates.

3 – Decide if you want to pay additional points to lower your rate

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

4 – Bring your paperwork

Acquiring a loan requires lots of paperwork, so you should spend some time getting your documentation together. Click here to preview normal questions you'll have to answer on a loan app.

Ben Lane, Watson Realty Corp. 1410 Palm Coast Pkwy NW, Palm Coast, FL. 32137
Marie Lane, Watson Referral Realty, 7821 Deercreek Club Rd., Jackonville, FL. 32256

Knowledge is Power. More Flagler Beach/ Flagler Beach Real Estate/Area Resources.