
	Securing financing is just one aspect of a real estate transaction. The June Lunn Team is seasoned at helping 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.

Are you financing your home in Williamson County or the Greater Nashville area? The June Lunn team can help.

When buying a home, applying for a mortgage loan is exasperating for many people, but it doesn't have to be. I've got great connections to many lenders in Brentwood, and they've helped me recognize some things that can make the process of applying for a loan pretty simple.

1 – Compose a list of questions regarding your loan program

If you find that you do not completely comprehend the advantages and disadvantages of the various financing options, make sure you bring a list of questions. I or one of my lenders will be able to assist you in understanding the advantages and disadvantages of each one, because it's a challenge to understand the characteristics of both fixed and adjustable rate mortgages.

2 – Determine when to lock

By locking in the interest rate, the 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 at any time between the day you apply for your loan and at the time of closing. Buyers who decide to float believe that interest rates will plunge 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 interest rate

If you elect to pay additional points to lower the rate of your loan, you'll do so by paying for them in cash at closing. Each point is 1 percent of the mortgage loan. Click here to use our points calculator. This tool will help you determine if buying points is the best option for you.

4 – Gather your paperwork

Obtaining a mortgage loan requires a lot of paperwork, so you should take some time to get all your documents together. Click here to preview common questions you'll have to answer on a loan app.