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Financing Your Home >New Loans

If you are considering applying for a mortgage to purchase a new home or to refinance your present home, don't delay. Despite fluctuation in interest rates, lenders are still processing many new loan applications.

You should gather all the necessary paperwork before you apply, and submit your loan application as soon as possible. At a minimum, the information required by a lender will consist of proof of your earnings and a clear picture of your total monthly income and expenses. If you are self-employed, or have long-term obligations such as alimony or child support, the preparation time and the amount of paperwork increases.

Despite the need to move rather quickly for a mortgage in today's market, you should "make haste carefully." Shop carefully for your loan by comparing all costs and terms. With the number of lenders vying for your business, new and better deals are always appearing.

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Q	What took over 30,000 workmen to construct and is considered the second largest palace in the world?
A	The Palace of Versailles, 14 miles southwest of Paris and completed in 1682, is famous for its size and its beauty.
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Vickie Gallimore, REALTOR®, real estate agent and broker for Asheboro North Carolina home listings, property and land for sale - NUMBER1EXPERT(tm)

Vickie Gallimore
RE/MAX Central Realty
231 S. Fayetteville Street
Asheboro, NC. 27203
Office: 336-626-5600
Home: 336-629-7716
Mobile: 336-953-9500
Fax: 336-626-2253
Email: vickiegallimore@NUMBER1EXPERT.com
Vickie is a member of the RE/MAX Hall of Fame and recipient of the Diamond Club Award, a new award recognizing a higher level of production in the RE/MAX network. Vickie and her office both are #1 in the Asheboro market and have held this distinction since 1990. Look for her weekly article in Randolph County's local newspaper, The Courier Tribune.

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