Securing financing is just one aspect of a real estate transaction. Joseph A. DelForno Inc. is experienced at aiding new and experienced in all areas of real estate. Contact us if your needs include a professional REALTOR® ready for the business side of real estate.


Are you thinking about financing a new home?

Stressed out about getting financing for a home purchase? You don't have to be. I have close relationships with various lenders in Jersey City, and they've helped me realize some things that make the loan application process a breeze.

1 – Assemble a list of questions about your loan program

If you find that you don't fully understand the pros and cons of the various programs, be sure to have a list of questions with you. I or one of my lender contacts will assist you in understanding the advantages and disadvantages of each program, because it's hard to understand the characteristics of fixed and adjustable rate mortgages.

2 – Determine when to lock

When you lock in an interest rate, a mortgage lender is guaranteed to hold to the mortgage interest rates for the loan – often at the time the loan application is received. By floating the rate, you can lock the rate at any time between application and at the time of closing. Those who elect to float presume interest rates will fall in the near future. Click here to see the outlook for the next 90 days of interest rates.

3 – Determine if you want to pay additional points to lower your interest rate

Typically you can decide to pay additional points to lower the interest rate of your loan. Every point is 1 percent of the loan and is payable in cash at the time of closing. Click here to use our points calculator. It will help you decide if purchasing points is right for you.

4 – Gather your paperwork

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

Looking to Buy?

Are you looking to buy a house? Let us help you. Just fill out as much of the information below that you want and we'll get right back to you, with no obligation to you. We guarantee your privacy.
 
Your Information
*Name:
*Email:
Phone:
Street Address:
City:
State:
Country:
Zip/Postal Code:

Some Details
When Are You Moving?:
Where Are You Moving:
Your Price Range?:
Number of Bedrooms?:
Number of Bathrooms?:
Size In Square Feet?:
Any Comments, Concerns, Or Questions:

Note: Fields with an * are required

Market Watch:
 
Romney expected to win in Nevada
2/4/2012 2:23 PM
Polls give Mitt Romney a healthy lead over Newt Gingrich as Nevada holds its Republican presidential;caucus.

...Read More

 
Russia, China veto U.N. resolution against Syria
2/4/2012 1:05 PM
U.S. President Barack Obama calls on Syria’s president to step down accusing the regime of murdered hundreds of its own citizens on Friday.

...Read More

 
Thousands of Russians protest Putin’s candidacy
2/4/2012 12:04 PM
Demonstrators turn out in below-freezing temperatures to protest the prime minister’s bid for another presidential term.

...Read More

 
NewsWatch: U.S. stocks follow win streak with focus on Europe
2/4/2012 11:00 AM
Cisco, Coca-Cola, Disney and Visa are among bellwethers set to report results amid expectations for market gains to continue; resolution of Europe’s debt crisis is expected to drag on.

...Read More

 
NewsWatch: U.S. stocks cheer surprisingly good jobs data
2/4/2012 8:00 AM
U.S. stocks leapt Friday, propelling the Nasdaq index to an 11-year high, as Wall Street embraced the nation’s jobless rate dropping to a three-year low.

...Read More

 
Auto Review: 2012 Honda CR-V EX-L
2/4/2012 6:01 AM
Honda’s thoughtful redesign of the best-selling CR-V has produced a solid, well-made crossover at a reasonable price, says Ron Amadon.

...Read More

 
Asia Markets: Asia investors watching for China price data
2/4/2012 6:01 AM
Asian investors will be waiting for Chinese consumer price data due out Thursday to gauge the likelihood of more monetary-policy easing from Beijing.

...Read More

 
Market Snapshot: U.S. stocks follow win streak with focus on Europe
2/3/2012 11:00 PM
Cisco, Coca-Cola, Disney and Visa are among bellwethers set to report results amid expectations for market gains to continue; resolution of Europe’s debt crisis is expected to drag on.

...Read More

 
Top Ten: MarketWatch’s top 10 stories of the week
2/3/2012 7:32 PM
The weekly highlights cover a broad range from Amazon to Facebook and from politics to payrolls.

...Read More

 
Micron CEO dies in plane crash
2/3/2012 5:45 PM
Steve Appleton, the chip company’s chief executive, is dead after a small plane crash in Boise, Idaho. Micron names president Mark Durcan interim CEO.

...Read More






Joseph A. DelForno Inc. 493 Jersey Ave Jersey City, NJ 07302
Phone: Cell: Fax:

ResultsforYou | Loan-Related Closing Costs | Getting the Highest Price | Selling your own home | Free Home Valuation | Find A Home! | Joseph A. DelForno | Sales/Rentals | Closing Costs | First Time Buyers | Looking to Buy? | Download Adobe Acrobat | News | Real Estate Glossary | Search My Listings | Home | Applying for a Loan | Mortgage Saving Tips | Mortgage Shopping | Locking in Rates | Lender Types | Neighborhood Prices | Staging Your Home | Staging Checklist | Heart of the Matter | 9 Steps to Owning | Site Map | ARM Calc | APR Calc | 15 vs 30 Year Mtg Calc | Mtg Tax Savings Calc | ARM vs Fixed Rate Calc | Maximum Mortgage Calc | Rent vs Buy Calc | Mortgage Calculators | Your Dream Home | 9 Steps to Ownership | How to Sell Your Home | Staging Your Home | Buying Foreclosures/REO's | What's Earnest Money? | Home Price Index | My Blog

Copyright © 2012 Joseph A. DelForno Inc.
Portions Copyright © 2012 a la mode, inc.
Another XSite by a la mode, inc. | Admin LoginTerms of UseSite Map
All rate, payment, and area information are estimates and approximations only.