Oklahoma mortgage loans is committed to helping you find the right mortgage product for your needs in Stillwater. We understand that every borrower is different, and we off a varity of products to meet your individual requirements. We make the process of securing a mortgage simple and straightforward by offering you the latest in financial tools that enable you to make sound financial choices.
This mortgage rate quote form will take approximately 60 seconds to complete. Here's how our service works:
1. Complete our short form below
2. We will search hundreds of mortgage lenders and thousands of loan programs in our database
3. You will then receive quotes from up to 4 competitive lenders in your state
4. You choose the mortgage lender with the best rate and loan terms and save money!
-->
Our fast Mortgage application will help you find the perfect lender. It takes only one minute
This mortgage calculator can be used to figure out monthly payments of a home mortgage loan, based on the home's sale price, the term of the loan desired, buyer's down payment percentage, and the loan's interest rate. This calculator factors in PMI (Private Mortgage Insurance) for loans where less than 20% is put as a down payment. Also taken into consideration are the town property taxes, and their effect on the total monthly mortgage payment.
The next time you go to arrange your mortgage make sure you heed
my advice and you could save hundreds of pounds in broker fees.
The vast majority of mortgage brokers charge a fee to their
clients. You may think that you are not paying any fee because
the broker tells you that there are no upfront fees. What he
isn't telling you is that the fee he charges is normally added
on to the mortgage advance/loan.
Clients very rarely spot this because of the fact that so many
other fees are normally added onto the mortgage loan such as
legal fees, valuation fees, higher loan fees, etc. So if a
broker adds on another £2k who is really going to notice?
Okay, okay,the broker will put it into their documentation but
who reads these 12 page documents? I would hazard a guess that
not very many people at all.
So all you have to is this...
Ask the mortgage broker if he is charging a fee. If he comes
back and says "No, I don't charge any upfront fees" then ask him
if he charges any fees overall. ie. are there any fees loaded
onto the loan amount?
If the answer is a yes and in most cases this is the case, ask
him to waive the fee or at least halve what he is asking for.
Believe me, most brokers will accept this because what they are
not telling you is that they all ready receive a fee from the
mortgage lender, in addition to the one they are charging you!
So what do they do, accept doing the deal for just the lender
fee (in most cases this is .5% of the loan or 1% for an adverse
case)or lose it completely and not earn anything because they
won't do a deal.
I think you know the answer....
About the author:
Mark Anthony Harrison was previously the Head of Sales for the
UK division of a US Mortgage and Investment bank but ventured
out onto his own with www.capitalmortg
agesolutions.co.uk, a specialist mortgage broker which
provides mortgages and mortgage advice to clients suffering from
credit problems.