Securing financing is just one aspect of a real estate transaction. Benchmark Realty is experienced at assisting new and experienced in all areas of real estate. Call us today at 615-456-4432 if your needs include a professional REALTOR® experienced at the business side of real estate.


Benchmark Realty can help you apply for your new home loan.

Stressed out about applying for a mortgage? You don't have to be. Being connected to several lenders in Brentwood has helped me realize a few things that can make the loan application process effortless.

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

If you don't thoroughly realize the ins and outs of all the various programs, be sure you have a list of questions with you. Oftentimes, it can be hard to know the differences between fixed and adjustable rate mortgages. I or one of my lender contacts can help you understand the advantages and disadvantages of both.

2 – Determine when you want to lock

By locking in a rate, the lender is committing to the mortgage interest rates for the loan – usually at the time the loan application is received. By floating the rate, you can lock the rate anytime between the day you apply for the loan and at the time of closing. Buyers who elect to float conclude the 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 interest rate

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

4 – Gather your paperwork

Getting a mortgage loan requires lots of paperwork, so you should spend some time getting your documentation together. Click here to see common information that goes on a loan application.
7127 Crossroads Blvd., Suite 102 Brentwood, TN 37027
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