
	Getting your mortgage is just one part of getting into a new home. Dan and Sherrie Furber is seasoned at aiding new and experienced in all areas of real estate. Call us today at 405 348-9700 if your needs include a real estate pro ready for the business side of buying and selling.

Are you financing a new home in Edmond? Dan and Sherrie Furber can help.

Feeling lots of anxiety over applying for a mortgage? You don't have to be. I have close business relationships with several lenders in Edmond, and they've helped me understand some things that can make the loan application process pretty simple.

1 – Put together a list of questions regarding your loan program

Make sure to have a list of questions if you find that you do not thoroughly comprehend the ins and outs of all the various loan programs. It's a challenge to know the characteristics of fixed and adjustable rate mortgages. I or one of my lender contacts will assist you with understanding the advantages and disadvantages of both.

2 – Determine when to lock

When you lock in an interest rate, it indicates that your mortgage lender holds to the interest rates for the loan – generally at the time the loan application is received. By floating the rate, you can lock the rate at any time between the loan application day and at the time of closing. Those who decide to float conclude interest rates will dip 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 interest rate

Usually you can choose to pay additional points to lower the rate of your mortgage loan. Every point is 1 percent of the mortgage loan and is payable in cash at the time of closing. To decide if buying points is the best option for you, click here to use our points calculator.

4 – Gather your paperwork

Acquiring a loan requires lots of paperwork, so you should spend some time getting your documents together. Click here to get a feel for common information that goes on a loan application.

Each office is independently owned and opperated. Information believed to be accurate but not guaranteed.

Dan and Sherrie Furber 3636 E I-35 Frontage Rd Edmond, OK 73013

Phone: Cell: Fax:

Copyright © 2012 Dan and Sherrie Furber
Portions Copyright © 2012 a la mode, inc.
Another XSite by a la mode, inc. | Admin Login| Terms of Use| Site Map
All rate, payment, and area information are estimates and approximations only.