Loan Application Checklist - Information From Your Butler County Ohio Realtor® For many buyers, applying for the mortgage loan is one of the more stressful aspects of buying a home. The loan application need not be a stressful time. By following a few easy steps, you'll sail through the loan application process. It is important you work with an experienced & knowledgable loan officer; requirements required by mortgage lender's continue to change in our current market. Make a list of any questions you have about the loan program. Be sure you understand the advantages and disadvantages of the various mortgage programs for which you may qualify, including the advantages and disadvantages of Fixed Rate Mortgages versus Adjustable Rate Mortgages. Decide if you want to lock-in or float the loan's interest rate. Locking-in the rate means that the lender commits to the mortgage interest rate for the loan - typically at the time the loan application is submitted. By floating the rate, you can lock-in the interest rate anytime between the loan application day and closing. Buyers opt to "float the rate" when they believe interest rates will drop after their loan application date and prior to closing. The advice of a trusted Loan Officer is critical to floating the interest rate. The risk is that rather than dropping, interest rates may rise, increasing the mortgage payment. Decide if you want to pay additional points to lower your interest rate. Typically you can elect to pay additional points (each point is 1 percent of the mortgage loan payable in cash at closing) to lower the interest rate of your mortgage loan. Gather your paperwork. Click here to view a list of typical loan documentation. Before shopping lenders, read this article so you are prepared Buying and Loan Fraud. If you would like a list of recommended lenders in Butler County, Ohio, please feel free to call me at (513)238-8809 or email me at myrealtor@cinci.rr.com. SearchMLS VirtualRealtor GetResults! ForBuyers FirstTimeBuyers AboutMarti ContactMarti Home Mortgage Calculator: Sales Price: $ Down: % Interest Rate: % Term: yrs Monthly payment: $ Today's Rates: Mtg Loan     Rate   APR 30-yr Fixed 4.54% 4.69% 15-yr Fixed 4% 4.21% 1-yr Adj 3.64% 4.52% * national averages Today's News Stories from Bankrate.com®:   Video: How to shop for a car loan   5 easy steps to buying a new motorcycle   7 motorcycles to fit your lifestyle   Home policy won't cover home business mishaps   Serial monogamy is no path to wealth More news... This service is supplied by Bankrate.com and is protected by copyright and owned by Bankrate.com.

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It is illegal, pursuant to the Ohio Fair Housing Law, Division (H) of Section 4112.02 of the Revised Code and the Federal Fair Housing law, 42 U.S.C.A. 3601, to refuse to sell, transfer, assign, rent, lease, sublease or finance housing accommodations, refuse to negotiate for the sale or rental of housing accommodations, or otherwise deny or make unavailable housing accommodations because of race, color, religion, sex, familial status as defined in section 4112.01 of the Revised Code, ancestry, military status as defined in that section, disability as defined in that section, or national origin or to so discriminate in advertising the sale or rental of housing, in the financing of housing, or in the provision of real estate brokerage services.

It is also illegal, for profit, to induce or attempt to induce a person to sell or rent a dwelling by representations regarding the entry into the neighborhood of a person or persons belonging to one of the protected classes.