
	Securing financing is just one part of a home purchase. Herth Wine Country is experienced at aiding 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 real estate.

Are you thinking about financing a new home in Guerneville?

Applying for the mortgage loan is one of the more troublesome parts of purchasing a home. But it doesn't have to be. I have excellent relationships with many lenders in the Guerneville area, and they've helped me learn a few things that can make the loan application process a breeze.

1 – Put together a list of questions about your loan program

Be sure you bring a list of questions if you don't thoroughly understand the ins and outs of the various programs. At times, it can be a challenge to understand the distinctions between fixed and adjustable rate mortgages. I or one of my trusted lenders will assist you in understanding the advantages and disadvantages of each program.

2 – Decide when you want to lock

Locking in indicates that a lender commits to the mortgage interest rates for the loan – often at the time the loan application is submitted. By floating the rate, you can lock the rate anytime between application and issuance of closing documents. Buyers who elect to float conclude that the interest rates will dip 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 decrease your interest rate

If you opt to pay additional points to lower the rate of your loan, you'll do so by paying for them in cash at closing. Every point is 1 percent of the loan. To determine if buying points is right for you, click here to use our points calculator.

4 – Bring your paperwork

Getting a mortgage loan requires lots of paperwork, so you should spend some time getting your documents together. Click here to get a feel for common information that goes on a loan application.