Securing financing is just one part of getting into a new home. Charles Burt Homefolks is seasoned at helping new and experienced in all areas of real estate. Contact us if your needs include a real estate pro experienced at the business side of real estate.


Thinking about financing a home? Charles Burt Homefolks can help.

Feeling lots of anxiety over getting financing for a home purchase? You don't have to be. Being close with various lenders in the CARTHAGE area has helped me realize a lot of the things that make the loan application process easy.

1 – Assemble a list of questions about your loan program

If you do not fully understand the advantages and disadvantages of all the various financing options, make sure to bring a list of questions. It's hard to know the distinctions between both fixed and adjustable rate mortgages. I or one of my trusted lenders can assist you with understanding the advantages and disadvantages of both.

2 – Determine when you want to lock

Locking in a rate indicates that your lender guarantees the interest rates for the loan – ordinarily 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 prefer to float conclude 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 choose to pay additional points to lower the interest rate of your loan, you will pay 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 assist you with deciding if buying points is right for you.

4 – Compile your paperwork

Getting a mortgage loan requires lots of paperwork, so you should spend some time getting your documentation together. Click here to get a feel for general questions you'll have to answer on a loan app.

Charles Burt Homefolks 2042 S. GARRISON CARTHAGE, MO 64836
Phone: Toll Free Phone:

Contact Us | First Time Buyers | Selling Your Home | Residential | Sold | New Listings | Farms | Site Map

Copyright © 2012 Charles Burt Homefolks
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.