Apply for a Home Loan

Getting your mortgage is just one aspect of a home purchase. Liberty Bell Real Estate is experienced at aiding both new and experienced buyers alike in all areas of real estate. Call us today at (215)605-7586 if your needs include a professional Sales Agent who’s experienced at the business side of buying and selling.

Are you going to finance a new home ? Liberty Bell Real Estate can help.
Stressed out about applying for a mortgage? You don’t have to be. I’ve got great connections to various lenders , and they’ve helped me learn some things that will make the process of applying for a loan uncomplicated.

1 – Make a list of questions regarding your loan program
Be sure to have a list of questions if you find that you do not perfectly comprehend the advantages and disadvantages of the various programs. I or one of my trusted lenders can assist you in understanding the advantages and disadvantages of both programs, because it is hard to know the distinctions between fixed and adjustable rate mortgages.

2 – Determine when to lock
When you lock in a rate, the lender is guaranteed to hold 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 anytime between the day of your loan application and issuance of closing documents. Buyers who opt to float think that the interest rates will dip in the near future.

3 – Determine if you want to pay additional points to lower your rate
When you choose to pay additional points to lower the rate of your loan, you’ll pay for them in cash at closing. Every point is 1 percent of the loan.