Mortgage Information
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A home is one of the most (if not the most) expensive purchases you'll ever make. Most buyers need some form of financing. There are innumerable lending institutions that offer a variety of mortgage possibilities. Financing options and rates can vary widely, so it is important to do your research and shop around to ensure you get the mortgage that best meets your needs at the best price. I would be happy to refer you to some very good mortgage contacts I have in Oklahoma. I encourage all my clients to get a Good Faith Estimate of closing costs and prepaids from their institutions of choice, then call Richard Milligan (405-414-1150, W.J. Bradley Mortgage Company) for a comparison. He operates locally and has consistently beaten the rates and costs of the larger companies (USAA, Bank of American, GMAC, etc). Part of making this the best experience possible for you is to ensure you don't pay more than you should! Please get in touch and I will help you secure the best possible rate and lowest costs for your home purchase. |
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Use the mortgage calculators below to assist you in making some decisions around financing your new home.
Mortgage Qualification Calculator
This calculator will give you an estimate of how much money you qualify to borrow. The results are informal. You will be subject to a credit approval from your financial institution taking into consideration existing debt load, amount of down payment, income and other variables.
Mortgage Payment Calculator & Amortization Table
This calculator will help you determine what your mortgage payments will be based on purchase price, interest rate, mortgage term, and other factors. The amortization table shows what the interest and principal payments will be over the term of the mortgage.