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Mortage Terms


  > Earnest money
Money put down by a potential buyer to show that he or she is serious about purchasing the home it becomes part of the down payment if the offer is accepted is returned if the offer is rejected or is forfeited if the buyer pulls out of the deal.
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  > Partial Claim
A loss mitigation option offered by the FHA that allows a borrower with help from a lender to get an interest-free loan from HUD to bring their mortgage payments up to date.
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  > Pre-qualify
A lender informally determines the maximum amount an individual is eligible to borrow.
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Make Sure You Are Getting The Best Price
Obtain Information from Several Lenders Home loans are available from several types of lenders--thrift institutions commercial banks mortgage companies and credit unions. Different lenders may quote you different prices so you should contact several lenders to make sure you’re getting the best price.
 

 
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Contact our Oklahoma Mortgage Lenders


If you live in the following cities and need a mortgage lender you should contact our Oklahoma mortgage lender as soon as possible:

  • Ada
  • Altus
  • Ardmore
  • Bartlesville
  • Bethany
  • Broken Arrow
  • Chickasha
  • Choctaw
  • Claremore
  • Collinsville
  • Duncan
  • Durant
  • Edmond
  • El Reno
  • Enid
  • Guthrie
  • Lawton
  • Mcalester
  • Miami
  • Muskogee
  • Mustang
  • Norman
  • Oklahoma City
  • Okmulgee
  • Owasso
  • Ponca City
  • Sand Springs
  • Sapulpa
  • Shawnee
  • Stillwater
  • Tahlequah
  • Tulsa
  • Yukon
       
 
Did You Know?    
 
 
Make Sure You Are Getting The Best Price
Obtain Information from Several Lenders Home loans are available from several types of lenders--thrift institutions commercial banks mortgage companies and credit unions. Different lenders may quote you different prices so you should contact several lenders to make sure you’re getting the best price.
 
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Oklahoma Audio & Video    
 
  Brokers Urge New Scale For Jumbo Mortgages
Audio, RM, 48 Kbps, 2:58:00 AM, 8/19/2005
Reporter Scott Horsley reports on federally sponsored underwriters Fannie Mae and Freddie Mac back mortgages up to $369,000. Without federal underwriting, home buyers pay a higher interest rate.
Source: National Public Radio 		 
 
Oklahoma External Sites    
 
 

OIG Oklahoma Audit Reports - HUD
We surveyed First Mortgage Company (lender), Oklahoma City, Oklahoma, because of its high number of defaults and claims. The lender is the largest ..

  


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The information provided on Mortgage Lenders Oklahoma.com is not intended to be mortgage advice, but merely conveys general information related to mortgage issues commonly encountered.

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