Applying for your home loan in Flowery Branch with help from JG Atlanta Properties, LLC.

Many buyers think that applying for a mortgage loan is one of the most distressing aspects of purchasing a home, but it doesn't have to be. I have a close business relationship with some lending companies in the Flowery Branch area, and they've helped me understand a few things that can make the loan application process a breeze.

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

If you don't fully realize the pros and cons of all the various programs, be sure to have a list of questions with you. Oftentimes, it can be hard to understand the distinctions between fixed and adjustable rate mortgages. I or one of my lender contacts will be able to assist you in understanding the advantages and disadvantages of each program.

2 – Determine when you want to lock

Locking in means that your lender holds to the mortgage interest rates for the loan – generally at the time the loan application is presented. By floating the rate, you can lock the rate at any time between the day you apply for the loan and issuance of closing documents. Buyers who elect to float conclude that the 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 lower your interest rate

When you choose to pay additional points to lower the rate of your mortgage loan, you'll pay for them in cash at closing. Each point is 1 percent of the loan. To decide if purchasing points is the best option for you, click here to use our points calculator.

4 – Compile your paperwork

Getting a loan requires lots of paperwork, so you should spend some time getting all your documents together. Click here to get a list of general loan documentation.