Looking to finance your new home in Orlando? Danny Hilwa P.A. can help.

Securing financing is one of the more exasperating parts of purchasing a home. But it doesn't have to be. We've got great connections to several mortgage lenders in the Orlando area, and they've helped us understand a few things that make the loan application process uncomplicated.

1 – Compile a list of questions about your loan program

If you don't fully comprehend the advantages and disadvantages of all the various programs, be sure to have a list of questions. It can be a challenge understanding the distinctions between both fixed and adjustable rate mortgages. One of our lenders or associates will be able to assist you with understanding the advantages and disadvantages of each program.

2 – Decide when you want to lock

When you lock in a rate, it signifies that the lender holds to the interest rates for the loan – most often at the time the loan application is sent in. By floating the rate, you can lock the rate at any time between application and at the time of closing. Buyers who decide to float presume that interest rates will plunge in the near future. Click here to see the outlook for the next 90 days of interest rates.

3 – Gather your paperwork

Getting a mortgage loan requires lots of paperwork, so you should take some time to get your documentation together. Click here to see normal questions you'll have to answer on a loan app.

Need More Help?

Getting your loan locked down is just one aspect of getting into a new home. Danny Hilwa P.A. is experienced at helping both new and experienced buyers alike in all areas of real estate. Call us today at 407-808-5252 if your needs include a real estate pro ready for the business side of buying and selling.