Getting your mortgage is just one aspect of a real estate transaction. Shipwatch Realty, Inc. is seasoned at aiding new and experienced in all areas of real estate. Call us today at 727-596-6508 if your needs include a professional REALTOR® ready for the business side of real estate.


Do you wish to finance a home in Largo?

Applying for financing can be one of the most troublesome parts of buying a house. But it doesn't have to be. I have close relationships with many lenders in Largo, and they've helped me recognize a few things that can make the process of applying for a loan easy.

1 – Put together a list of questions about your loan program

Make sure to bring a list of questions with you if you find that you do not fully grasp the pros and cons of the various loan programs. It is a challenge to know the distinctions between both fixed and adjustable rate mortgages. I or one of my trusted lenders will be able to help you understand the advantages and disadvantages of each one.

2 – Decide when to lock

Locking in means that your mortgage lender holds to the interest rates for the loan – typically at the time the loan application is submitted. By floating the rate, you can lock the rate anytime between the loan application day and the issuing of closing documents. Those who prefer to float think that the 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 lower your interest rate

Usually you can decide to pay additional points to lower the rate of your loan. Every point is 1 percent of the loan and is payable in cash at the time of closing. To decide if buying points is right for you, click here to use our points calculator.

4 – Gather your paperwork

Getting a mortgage loan requires lots of paperwork, so you should spend some time getting all your documents together. Click here to get a feel for common information that goes on a loan application.

Shipwatch Realty, Inc.

14515 Walsingham Rd.

688 Professional Bldg. Suite E

Largo, Florida  33774
Phone: (727) 596-6508
Fax: (727) 595-3589
shipwatchrealty@aol.com



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Shipwatch Realty, Inc. 14515 Walsingham Rd. Largo, FL 33774
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