Home financing tips for Virginia Beach buyers 757-478-1167
Getting your mortgage is just one part of a real estate transaction. Cheryl Talbot , ABR, GRI,e-PRO,SFR is seasoned at aiding new and experienced in all areas of real estate. Call us today at 757-478-1167 if your needs include a real estate pro experienced at the business side of real estate.


Are you looking to finance a home?

For many people, securing mortgage financing is one of the most stressful parts of buying a house. But it doesn't have to be. I've got great connections to a lot of lenders in the Virginia Beach area, and they've helped me realize a few things that can make the process of applying for a loan much easier.

1 – Compile a list of questions regarding your loan program

If you find that you do not totally comprehend the advantages and disadvantages of the different programs, be sure you bring a list of questions with you. I or one of my lenders will assist you with understanding the advantages and disadvantages of both programs, because it's hard to understand the characteristics of fixed and adjustable rate mortgages.

2 – Decide when you want to lock

By locking in the interest rate, your mortgage lender is guaranteeing the mortgage interest rates for the loan – most often at the time the loan application is presented. By floating the rate, you can lock the rate anytime between the day you apply for the loan and at the time of closing. Buyers who decide to float believe the interest rates will decline 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 interest rate

If you choose to pay additional points to lower the rate of your mortgage loan, you'll do so by paying for them in cash at the time of closing. Each point is 1 percent of the loan. To determine if buying points is the best option for you, click here to use our points calculator.

4 – Gather your paperwork

Acquiring a loan requires lots of paperwork, so you should take some time to get all your documentation together. Click here to get a feel for typical information that goes on a loan application.

Home Status Report

Want to know if a home is still on the market, or if the price has changed? We can help. Simply fill out the information below and with no obligation to you we'll get back to you with your requested information. We guarantee your privacy.
 
Your Information
*Name:
*Email:
Phone:

Property Information
Property 1:
Property 2:
Property 3:

Note: Fields with an * are required

Rose and Womble Realty 123 S. Lynnhaven Road Virginia Beach, VA 23452
Phone: Cell: Fax: Pager:

Why Get An Inspection? | ResultsforYou | Why Choose Me | Contact Cheryl | Lead in the Home | Insurance Closing Costs | Getting the Highest Price | Free Home Valuation | Find A Home! | How Escrow Works | Hampton Roads Relocation Expert | Resume | Accomplishments/Accreditations | SEARCH MLS LISTINGS HOMES | MilitaryRelocationSpecialist | HAMPTON ROADS PERFORMS | Buy Homes Norfolk | Today's Buyer | Buy Homes Chesapeake | Your Local School Connection | Best Local Neighborhoods | First Time Home Buyer | Va. Beach Real Estate Homes | BuyHomesVaBeach.com | Closing Costs | First Time Buyers | Get Pre-qualified | Inspection Tips | Looking to Buy? | News | YourLocalRelocationSpecialist | Our Homes For Sale | Looking to Sell? | Home | Applying for a Loan | Your Buying Power | Writing the Offer | Locking in Rates | Staging Your Home | Staging Checklist | 9 Steps to Owning | Fixed Rate Mtg Calc | 15 vs 30 Year Mtg Calc | Rent vs Buy Calc | Mortgage Calculators | Your Dream Home | 9 Steps to Ownership | How to Sell Your Home | Staging Your Home | Be Accessible! | Buying Foreclosures/REO's | Contingencies in Contracts | The Back Yard | The Kitchen | Flowers Add Curb Appeal! | Fixer Uppers | My Blog

Copyright © 2014 Cheryl Talbot , ABR, GRI,e-PRO,SFR
Portions Copyright © 2014 a la mode, inc.
Another XSite by a la mode, inc. | Admin LoginTerms of UseSite Map
All rate, payment, and area information are estimates and approximations only.



 
State:
County:
City:
Zip: