Getting your mortgage is just one part of getting into a new home. Churchill Brown and Associates is seasoned at helping both new and experienced buyers alike in all areas of real estate. Contact us if your needs include a real estate pro ready for the business side of real estate.


Are you financing a new home in Oklahoma City? Churchill Brown and Associates can help.

When buying a home, applying for a mortgage loan is very troublesome for many people, but it doesn't have to be. I've got great connections to several lending companies in the Oklahoma City area, and they've helped me realize a few things that make the process of applying for a loan a snap.

1 – Create a list of questions regarding your loan program

If you find that you do not perfectly realize the pros and cons of all the different financing options, be sure to bring a list of questions with you. It is a challenge to know the distinctions between both fixed and adjustable rate mortgages. I or one of my lender contacts can help you understand the advantages and disadvantages of both programs.

2 – Decide when to lock

Locking in a rate indicates that the lender commits to the mortgage interest rates for the loan – normally at the time the loan application is sent in. By floating the rate, you can lock the rate at any time between the day of your loan application and the issuing of closing documents. Those who elect to float presume that interest rates will fall 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

Oftentimes you can choose to pay additional points to lower the interest rate of your mortgage loan. Every point is 1 percent of the mortgage loan and is payable in cash at closing. To determine if purchasing points is right for you, click here to use our points calculator.

4 – Bring your paperwork

Getting a mortgage 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 typical information that goes on a loan application.

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