Securing financing is just one aspect of getting into a new home. Seeto Realty is seasoned at helping new and experienced in all areas of real estate. Contact us if your needs include a professional REALTOR^® ready for the business side of buying and selling.

Are you looking to finance your new home in DFW? Seeto Realty can help.

For many people, applying for the loan can be one of the most distressing aspects of buying a house. But it doesn't have to be. We have close relationships with several mortgage lenders in DFW, and they've helped us realize some things that make the loan application process a breeze.

1 – Compose a list of questions regarding your loan program

Be sure to bring a list of questions with you if you don't entirely understand the ins and outs of the different loan programs. It's a challenge to understand the distinctions between both fixed and adjustable rate mortgages. One of our lender contacts will assist you in understanding the advantages and disadvantages of both.

2 – Determine when to lock

When you lock in the interest rate, it signifies that a lender holds to the interest rates for the loan – commonly at the time the loan application is received. By floating the rate, you can lock the rate at any time between application and closing. Buyers who opt to float presume that 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 lower your interest rate

Typically you can elect to pay additional points to lower the rate of your loan. Every point is 1 percent of the loan and is payable in cash at the time of closing. Click here to use our points calculator. It will assist you in determining if buying points is the best option for you.

4 – Gather your paperwork

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