Securing financing is just one aspect of a real estate transaction. David Heller Real Estate is experienced at helping new and experienced in all areas of real estate. Call us today at 858-349-8494 if your needs include a real estate pro experienced at the business side of real estate.


Are you thinking about financing a home in La Jolla? David Heller Real Estate can help.

For a lot of people, applying for the loan is one of the most demanding aspects of buying a home. But it doesn't have to be. I've got great connections to a lot of lenders in La Jolla, and they've helped me realize a few things that will make the loan application process very easy.

1 – Make a list of questions regarding your loan program

Be sure to bring a list of questions with you if you don't totally comprehend the pros and cons of the various programs. I or one of my lenders will help you understand the advantages and disadvantages of each program, because it can be hard to understand the characteristics of both fixed and adjustable rate mortgages.

2 – Determine when to lock

When you lock in a rate, it indicates that the mortgage lender guarantees the mortgage interest rates for the loan – usually at the time the loan application is submitted. By floating the rate, you can lock the rate anytime between the day of your loan application and at the time of closing. Those who choose to float think 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 lower your rate

If you elect to pay additional points to lower the interest 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. It will help you decide if purchasing points is right for you.

4 – Bring your paperwork

Obtaining a mortgage loan requires lots of paperwork, so you should take some time to get your documentation together. Click here to preview normal information that goes on a loan application.

David Heller Real Estate, CA DRE #01014338 7708 Regents Road #1 San Diego, CA 92122
Phone: Fax:

Find A Home! | Testimonials | Vendor List | Zero Rate | Information Flyers | Internet Marketing | Closing Costs | First Time Buyers | Applying for a Loan | 9 Steps to Owning | Buying Foreclosures/REO's | Home Appreciation | Short Sale Buyer | Short Sale Seller

Copyright © 2012 David Heller Real Estate, CA DRE #01014338
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.