Let Sasseen Realty Group at Remax Professionals assist you in financing a new home.

For most people, applying for the loan is one of the most distressing elements of purchasing a house, but it doesn't have to be. I have a close relationship with several lenders in Lawton, and they've helped me realize some things that make the loan application process effortless.

1 – Organize a list of questions regarding your loan program

If you don't fully realize the ins and outs of all the different programs, be sure to have a list of questions with you. I or one of my trusted lenders will be able to assist you with understanding the advantages and disadvantages of each one, because it is hard to understand the distinctions between both fixed and adjustable rate mortgages.

2 – Decide when to lock

By locking in the rate, the mortgage lender is guaranteeing the mortgage interest rates for the loan – commonly at the time the loan application is sent in. By floating the rate, you can lock the rate at any time between application and closing. Those who choose to float think that the interest rates will drop 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 reduce your interest rate

Normally you can choose to pay additional points to lower the rate of your mortgage loan. Each point is 1 percent of the loan and is payable in cash at the time of closing. Click here to use our points calculator. It will help you decide if buying points is the best option for you.

4 – Bring your paperwork

Acquiring a loan requires a lot of paperwork, so you should spend some time getting all your documents together. Click here to get a list of general loan documentation.

Looking to Buy?

Are you looking to buy a house? Let us help you. Just fill out as much of the information below that you want and we'll get right back to you, with no obligation to you. We guarantee your privacy.

Your Information
Some Details