Are you thinking of financing a new home in ? Frontline Florida Realty Inc can help.

When buying a home, applying for the loan is a exasperating event for most people, but it doesn't have to be. I'm connected to a lot of mortgage lenders in the area, and they've helped me learn a few things that can make the loan application process easy.

1 – Make a list of questions regarding your loan program

If you do not thoroughly understand the pros and cons of the different programs, make sure you have a list of questions with you. It can be hard to understand the differences between both fixed and adjustable rate mortgages. I or one of my lender contacts will assist you in understanding the advantages and disadvantages of both programs.

2 – Determine when to lock

Locking in the interest rate designates that your lender guarantees the mortgage interest rates for the loan – often at the time the loan application is sent in. By floating the rate, you can lock the rate at any time between the day you apply for the loan and issuance of closing documents. Those who opt to float believe that the interest rates will dip 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 reduce your interest rate

When you opt to pay additional points to lower the interest rate of your loan, you'll pay for them in cash at the time of closing. Each point is 1 percent of the loan. Click here to use our points calculator. It will help you decide if purchasing points is right for you.

4 – Compile your paperwork

Getting a mortgage loan requires lots of paperwork, so you should take some time to get all your documents together. Click here for a list of normal loan documentation.