JG Atlanta Properties, LLC. can assist you in financing your home.

For most people, applying for the mortgage loan is one of the more demanding elements of purchasing a home, but it doesn't have to be. Being close with many lenders in Flowery Branch has helped me realize a few things that can make the process of applying for a loan effortless.

1 – Compose a list of questions regarding your loan program

Make sure you bring a list of questions if you do not perfectly understand the pros and cons of all the various programs. Oftentimes, it can be hard to understand the differences between both fixed and adjustable rate mortgages. I or one of my lenders will be able to help you understand the advantages and disadvantages of both programs.

2 – Determine when to lock

When you lock in an interest rate, it means that your lender commits to the interest rates for the loan – often at the time the loan application is submitted. By floating the rate, you can lock the rate at any time between the day of your loan application and at the time of closing. Buyers who decide to float conclude the interest rates will plunge 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 reduce your rate

Normally you can elect to pay additional points to lower the rate of your loan. Each point is 1 percent of the loan and is payable in cash at the time of closing. Click here to use our points calculator. This tool will help you determine if buying points is the best option for you.

4 – Gather your paperwork

Getting a loan requires a lot of paperwork, so you should take some time to get all your documents together. Click here for a list of common loan documentation.