Securing financing is just one part of getting into a new home. WICKHAM REALTY GROUP LLC is experienced at helping both new and experienced buyers alike in all areas of real estate. Contact us if your needs include a professional REALTOR® experienced at the business side of real estate.


Are you going to finance a new home in Palm Bay?

When buying a home, applying for the loan is troublesome for most people, but it doesn't have to be. Being connected with various lenders in the Palm Bay area has helped me understand a few things that will make the loan application process uncomplicated.

1 – Compile a list of questions regarding your loan program

If you don't completely comprehend the advantages and disadvantages of all the different programs, be sure you bring a list of questions with you. At times, it can be hard to know 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 to lock

By locking in a rate, a mortgage lender is committing to the mortgage interest rates for the loan – typically at the time the loan application is submitted. By floating the rate, you can lock the rate at any time between the day you apply for the loan and closing. Those who choose to float think the interest rates will drop 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 reduce your interest rate

When you opt to pay additional points to lower the interest rate of your loan, you'll pay for them in cash at closing. Every point is 1 percent of the loan. Click here to use our points calculator. It will help you determine if purchasing points is the best option for you.

4 – Bring your paperwork

Obtaining a mortgage loan requires lots of paperwork, so you should spend some time getting all your documents together. Click here to see normal questions you'll have to answer on a loan app.

WICKHAM REALTY GROUP LLC 4651 Babcock St NE Unit 18- PMB 401 Palm Bay, FL 32905-2844
Phone: Fax:

Why Choose Me! | Contact Us | Free Home Valuation | First Time Buyers

Copyright © 2012 WICKHAM REALTY GROUP LLC
Portions Copyright © 2012 a la mode, inc.
Another XSite by a la mode, inc. | Admin Login| Terms of Use| Site Map
All rate, payment, and area information are estimates and approximations only.