Applying for a loan in Oklahoma City with the help of Pipeline ROI

For many people, applying for financing can be one of the more demanding parts of purchasing a home. But it doesn't have to be. I have excellent relationships with a lot of lenders in Oklahoma City, and they've helped me realize a few things that will make the process of applying for a loan very easy.

1 – Create a list of questions regarding your loan program

If you find that you do not perfectly understand the advantages and disadvantages of all the different programs, be sure you have a list of questions with you. One of my trusted lenders or I will assist you in understanding the advantages and disadvantages of each program, because it is hard to understand the differences between both fixed and adjustable rate mortgages.

2 – Decide when you want to lock

When you lock in an interest rate, it denotes that the lender keeps to the mortgage interest rates for the loan – normally at the time the loan application is submitted. By floating the rate, you can lock the rate anytime between the day you apply for your loan and closing. Buyers who decide to float conclude the interest rates will decline in the near future. Click here to see the outlook for the next 90 days of interest rates.

3 – Gather your paperwork

Obtaining a loan requires a lot of paperwork, so you should spend some time getting your documentation together. Click here to see common questions you'll have to answer on a loan app.

Need More Help?

Securing financing is just one aspect of a home purchase. Pipeline ROI is experienced at assisting new and experienced in all areas of real estate. Call me today at 866-300-1550 if your needs include a professional REALTOR^® experienced at the business side of real estate.