
	Getting your mortgage is just one part of getting into a new home. Coldwell Banker C&C Properties is experienced at assisting both new and experienced buyers alike in all areas of real estate. Contact us if your needs include a professional REALTOR^® ready for the business side of real estate.

Do you wish to finance your home? Coldwell Banker C&C Properties can help.

Feeling lots of anxiety over getting financing for a home purchase? You don't have to be. I have close business relationships with several lending companies in the Redding area, and they've helped me recognize a few things that make the process of applying for a loan pretty simple.

1 – Organize a list of questions about your loan program

Make sure you have a list of questions with you if you find that you do not thoroughly comprehend the pros and cons of the different loan programs. At times, it can be a challenge to understand the characteristics of both fixed and adjustable rate mortgages. I or one of my lenders will be able to assist you in understanding the advantages and disadvantages of both.

2 – Determine when to lock

When you lock in an interest rate, a mortgage lender is guaranteed to commit to the interest rates for the loan – often at the time the loan application is received. By floating the rate, you can lock the rate anytime between application and issuance of closing documents. Buyers who choose to float think interest rates will dip 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 choose to pay additional points to lower the interest rate of your loan. Each point is 1 percent of the mortgage loan and is payable in cash at closing. Click here to use our points calculator. This tool will assist you with determining if purchasing points is the best option for you.

4 – Gather your paperwork

Getting a loan requires lots of paperwork, so you should take some time to get your documents together. Click here to get a feel for common information that goes on a loan application.