
	Securing financing is just one aspect of getting into a new home. REALTY NETWORK is seasoned at aiding both new and experienced buyers alike in all areas of real estate. Contact us if your needs include a real estate pro ready for the business side of buying and selling.

REALTY NETWORK can help you with financing your home.

Feeling lots of anxiety over getting financing for a home purchase? You don't have to be. I have close professional relationships with various mortgage lenders in the East Meadow area, and they've helped me recognize a few things that will make the process of applying for a loan a snap.

1 – Compose a list of questions about your loan program

Make sure you bring a list of questions if you find that you don't completely comprehend the pros and cons of the various programs. It is hard to understand the distinctions between both fixed and adjustable rate mortgages. I or one of my lenders can assist you with understanding the advantages and disadvantages of each one.

2 – Determine when to lock

By locking in the rate, a lender is holding to the interest rates for the loan – often at the time the loan application is sent in. By floating the rate, you can lock the rate anytime between the loan application day and issuance of closing documents. Buyers who choose to float think the interest rates will fall 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 lower your interest rate

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

4 – Compile your paperwork

Obtaining a loan requires a lot of paperwork, so you should spend some time getting your documents together. Click here to get a feel for common information that goes on a loan application.

To search homes - Click Find a Home. An alternative and better way is to contact me so I can activate your Listingbook account. You'll search your dream home just like an agent belonging to the Multiple Listing Service of Long Island. You can custom your search to communities you desire, the price range, number of bedrooms and baths, style, amenities, etc. You'll be first to know about price changes and new listings as they get into MLS.

To find out sold homes in your area - Click Sold Properties. Educate yourself about home prices in your neighborhood and those sold through the Multiple Listing Service of Long Island within the past six months to a year. If you are thinking of selling your home contact me so I can perform a thorough research and up-to-date information about the local market.