Securing financing is just one aspect of a real estate transaction. Inventure Realty-MadCity Property is experienced at assisting both new and experienced buyers alike in all areas of real estate. Call us today at (608)661-7066 if your needs include a professional REALTOR® ready for the business side of real estate.


Do you wish to finance your new home?

For most people, securing the mortgage loan can be one of the more stressful elements of purchasing a home. But it doesn't have to be. Having connections to some lending companies in Madison has helped me recognize some things that will make the loan application process effortless.

1 – Assemble a list of questions about your loan program

Make sure to have a list of questions if you don't completely comprehend the ins and outs of the various programs. I or one of my lenders can assist you in understanding the advantages and disadvantages of each program, because it can be a challenge to understand the differences between both fixed and adjustable rate mortgages.

2 – Decide when you want to lock

When you lock in the interest rate, it denotes that the lender keeps to the mortgage interest rates for the loan – most often at the time the loan application is presented. By floating the rate, you can lock the rate anytime between application and at the time of closing. Those who decide to float presume the interest rates will drop 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 rate

When you decide to pay additional points to lower the rate of your mortgage loan, you'll do so by paying for them in cash at closing. Every point is 1 percent of the loan. Click here to use our points calculator. It will assist you in deciding if buying points is right for you.

4 – Bring your paperwork

Acquiring a loan requires lots of paperwork, so you should spend some time getting your documentation together. Click here to preview general information that goes on a loan application.

Mortgage Calculator:
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Today's Rates:

Mtg Loan    Rate  APR
30-yr Fixed3.87%4%
15-yr Fixed3.14%3.31%
1-yr Adj2.76%3.42%
* national averages

 J.D. Power and Associates

2601 Crossroads Drive Suite 130 Madison, WI 53718
Phone: Cell:

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