Getting your mortgage is just one aspect of getting into a new home. Ted Rutkowski Real Estate, Inc. is seasoned at assisting new and experienced in all areas of real estate. Call us today at 810-984-1531 if your needs include a professional REALTOR® ready for the business side of real estate. Do you want to finance a home? Ted Rutkowski Real Estate, Inc. can help. When buying a home, applying for the loan is exasperating for a lot of people, but it doesn't have to be. Being close to many lenders in the Port Huron area has helped me realize a lot of the things that can make the process of applying for a loan effortless. 1 – Compile a list of questions regarding your loan program Be sure to bring a list of questions with you if you find that you don't entirely comprehend the advantages and disadvantages of all the different programs. I or one of my trusted lenders can help you understand the advantages and disadvantages of both programs, because it's hard to understand the characteristics of fixed and adjustable rate mortgages. 2 – Determine when to lock When you lock in the interest rate, it signifies that a lender guarantees the interest rates for the loan – generally at the time the loan application is submitted. By floating the rate, you can lock the rate anytime between application and the issuing of closing documents. Buyers who decide to float presume the interest rates will dip 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 reduce your interest rate Oftentimes you can decide to pay additional points to lower the interest rate of your mortgage loan. Each point is 1 percent of the loan and is payable in cash at closing. To decide if you should buy points, click here to use our points calculator. 4 – Compile your paperwork Getting a loan requires a lot of paperwork, so you should take some time to get all your documents together. Click here to get a feel for common information that goes on a loan application.

We have been in business since 1947. Our experience proves our ability. Gerald E. Rutkowski is a licensed real estate agent and appraiser specializing in all types of real estate. We serve everyone from first time buyers to savvy investors. Over 90% of our business is from repeat customers.