Getting your loan locked down is just one aspect of a real estate transaction. Betsher & Assoc. Realtors, Inc. is seasoned at assisting new and experienced in all areas of real estate. Call us today at 410-785-1400 if your needs include a real estate pro ready for the business side of buying and selling. Are you thinking of financing your new home? Betsher & Assoc. Realtors, Inc. can help. When buying a home, applying for a mortgage loan is stressful for many people, but it doesn't have to be. Having connections to several mortgage lenders in Baltimore has helped me learn a lot of the things that can make the loan application process pretty simple. 1 – Create a list of questions about your loan program Make sure you bring a list of questions if you don't entirely understand the pros and cons of all the different programs. At times, it can be a challenge to know the differences between both fixed and adjustable rate mortgages. I or one of my lender contacts will assist you in understanding the advantages and disadvantages of both. 2 – Decide when to lock By locking in an interest rate, your mortgage lender is guaranteeing the mortgage interest rates for the loan – often at the time the loan application is presented. By floating the rate, you can lock the rate anytime between the day you apply for the loan and closing. Buyers who choose to float believe the interest rates will fall 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 decrease your rate Oftentimes you can choose to pay additional points to lower the rate of your loan. Each point is 1 percent of the loan and is payable in cash at closing. Click here to use our points calculator. It will help you decide if buying points is the best option for you. 4 – Bring your paperwork Obtaining a mortgage loan requires a lot of paperwork, so you should spend some time getting your documentation together. Click here to see general information that goes on a loan application.

Thanks for visiting my website, I hope you found it useful (I welcome feedback on the site).  Please check back frequently, I continually  add updates and new information to the site.   I also have a few more listings that should be appearing shortly.  I'm a licensed Real Estate Agent in Maryland and Pennsylvania.  Please keep me in mind if I can be of any help to you, your family, or friends in the next Real Estate transaction.  

THANK YOU,

Rusty Miller  CRS  GRI  SFR     410-937-6624 (cell) 
BETSHER and ASSOCIATES REALTORS, INC.
ofc. 410-785-1400 ext 645  toll free 1-888-882-3911

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