Getting your mortgage is just one aspect of getting into a new home. The Bobby Dean Team is experienced at assisting new and experienced in all areas of real estate. Contact us if your needs include a real estate pro ready for the business side of buying and selling.


Let The Bobby Dean Team assist you with applying for your home loan.

Feeling lots of anxiety over applying for a mortgage? You don't have to be. Being close with various lenders in Dothan has helped me recognize some things that will make the loan application process uncomplicated.

1 – Compile a list of questions regarding your loan program

If you find that you do not entirely realize the pros and cons of the different financing options, make sure to have a list of questions. I or one of my trusted lenders will help you understand the advantages and disadvantages of each program, because it's a challenge to know the differences between fixed and adjustable rate mortgages.

2 – Decide when to lock

By locking in the rate, the mortgage lender is committing to the interest rates for the loan – most often at the time the loan application is sent in. By floating the rate, you can lock the rate anytime between the loan application day and the issuing of closing documents. Those who elect to float conclude that interest rates will decline 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 decrease your rate

If you opt to pay additional points to lower the interest rate of your loan, you'll pay for them in cash at the time of closing. Each point is 1 percent of the loan. If you're not sure if purchasing points is the best option for you, click here to use our points calculator.

4 – Bring your paperwork

Obtaining a mortgage loan requires a lot of paperwork, so you should spend some time getting all your documents together. Click here to see general information that goes on a loan application.

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Call The Bobby Dean Team at (334)701-1102 Fax (334)702-7979
Email us at bobby@TheBobbyDeanTeam.com
Prudential Showcase Properties 1133 W. Main St. Dothan, AL 36301


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