Getting your loan locked down is just one part of a real estate transaction. Mahr Marketing Group is experienced at aiding new and experienced in all areas of real estate. Contact us if your needs include a real estate pro ready for the business side of real estate.


Applying for a loan with help from Mahr Marketing Group

Stressed out about applying for a mortgage? You don't have to be. Being close to some mortgage lenders in Mission Viejo has helped me realize a few things that make the process of applying for a loan effortless.

1 – Organize a list of questions about your loan program

Be sure to bring a list of questions with you if you don't completely comprehend the ins and outs of the various programs. It is often hard to understand the distinctions between both fixed and adjustable rate mortgages. I or one of my lender contacts can assist you in understanding the advantages and disadvantages of both.

2 – Decide when you want to lock

Locking in means that your mortgage lender guarantees the interest rates for the loan – typically at the time the loan application is submitted. By floating the rate, you can lock the rate anytime between the day you apply for your loan and the issuing of closing documents. Buyers who decide to float presume 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 rate

Usually you can elect to pay additional points to lower the interest rate of your mortgage loan. Each point is 1 percent of the loan and is payable in cash at closing. If you're uncertain if purchasing points is right for you, click here to use our points calculator.

4 – Compile your paperwork

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

Mahr Marketing Group / Evergreen Realty 9901 Irvine Center Drive Located at the El Toro Y (#5 & #405 Freways) Irvine, CA 92618
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