Securing financing is just one aspect of a real estate transaction. JMAR Property, LLC is seasoned at aiding new and experienced in all areas of real estate. Contact us if your needs include a professional REALTOR® experienced at the business side of real estate. Let JMAR Property, LLC assist you with applying for your new home loan. When purchasing a home, applying for the loan is troublesome for most people, but it doesn't have to be. Having connections with some lending companies in Boca Raton has helped me learn a few things that make the loan application process pretty simple. 1 – Create a list of questions about your loan program Make sure to bring a list of questions with you if you don't totally grasp the ins and outs of all the various loan programs. I or one of my trusted lenders can help you understand the advantages and disadvantages of each program, because it is a challenge to understand the characteristics of both fixed and adjustable rate mortgages. 2 – Determine when to lock Locking in a rate means that your lender commits to the interest rates for the loan – normally at the time the loan application is presented. 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. Those who prefer to float conclude that 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 decrease your rate When you opt to pay additional points to lower the rate of your loan, you'll pay for them in cash at the time of closing. Each point is 1 percent of the loan. To determine if you should purchase points, click here to use our points calculator. 4 – Gather your paperwork Acquiring a loan requires a lot of paperwork, so you should spend some time getting all your documentation together. Click here to see normal information that goes on a loan application.

MAYNARD / RICH PROPERTIES CORP. - Richard Schwartz, Principal, Licensed Real Estate Broker / Investment Services  - Rosalie Santelli, Realtor Associate - Mary Ann Russo, Realtor Associate - Phone (954) 946-4171 Fax (954) 785-9612 - 450 N. Park Road # 500 - Hollywood, FL 33021