Let J. Briann Realty Group, Inc. assist you in financing a new home.

A lot of buyers believe applying for a mortgage loan is one of the more exasperating aspects of buying a house, but it doesn't have to be. Being close to several mortgage lenders in the West Palm Beach area has helped me realize a few things that can make the process of applying for a loan pretty simple.

1 – Organize a list of questions about your loan program

Be sure you bring a list of questions with you if you find that you don't perfectly comprehend the pros and cons of the various programs. Oftentimes, it can be a challenge to understand the differences between fixed and adjustable rate mortgages. I or one of my trusted lenders will assist you with understanding the advantages and disadvantages of each.

2 – Determine when to lock

When you lock in the interest rate, the lender is guaranteed to commit to the mortgage interest rates for the loan – commonly at the time the loan application is sent in. By floating the rate, you can lock the rate anytime between the day you apply for your loan and issuance of closing documents. Buyers who choose to float presume the interest rates will fall 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

When you decide to pay additional points to lower the rate of your mortgage loan, you will pay for them in cash at the time of closing. Each point is 1 percent of the mortgage loan. If you're uncertain as to whether or not buying points is right for you, click here to use our points calculator.

4 – Compile your paperwork

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

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