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BE a WIZARD at the loan process

BE a WIZARD at the loan process

HOP on into the loan process by hiring a professional lender that knows the market and knows the property that you are looking for.  If you are looking for a fixer upper and will need construction rehab money as well means a different type of loan than someone who has 20% down on a conventional purchase of real estate.

Applying for a Loan, hiring a professional loan officer to walk you through the process... don't be turned into a FROG! 

Getting your loan locked down is just one aspect of a real estate transaction. The Joerling Group is experienced at helping new and experienced in all areas of real estate. Contact us if your needs include a real estate pro experienced at the business side of real estate.      

Let The Joerling Group help you apply for a new home loan in Washington, a home in Hermann, a home or farm in Gasconade County or Franklin County. 

Applying for the loan can be one of the more distressing elements of buying a house. But it doesn't have to be. I have close working relationships with several lending companies in Washington, St. Charles, O'fallon, Lake of the Ozarks and the surrounding region.  Having experienced lenders available as a professional real estate agent in Missouri is important.  I only want to entrust my client referrals to the right lender with the utmost of integrity.

Here are a few things that make the loan application process much easier. 1. Organize a list of questions regarding your loan program If you find that you don't completely realize the ins and outs of the different programs, be sure you have a list of questions with you. It can be a challenge 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 both. 2. Determine when you want to lock When you lock in an interest rate, your lender is sure to hold to the mortgage interest rates for the loan often at the time the loan application is submitted. By floating the rate, you can lock the rate anytime between the day of your loan application and issuance of closing documents. Buyers who choose to float believe that interest rates will fall 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 decrease your interest rate When you decide to pay additional points to lower the rate of your loan, you will pay for them in cash at closing. Every point is 1 percent of the loan. 

4.Compile your paperwork Obtaining a mortgage loan requires a lot of paperwork, so you should spend some time getting all your documents together.  Being prepared with both your questions and your paperwork will make the process smooth and easy

The Joerling Group

314.808.1712