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Mortage Terms


  > Inflation
Tthe number of dollars in circulation exceeds the amount of goods and services available for purchase inflation results in a decrease in the dollars value.
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  > Credit history
History of an individuals debt payment lenders use this information to gauge a potential borrowers ability to repay a loan.
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  > Closing
Also known as settlement this is the time at which the property is formally sold and transferred from the seller to the buyer it is at this time that the borrower takes on the loan obligation pays all closing costs and receives title from the seller.
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Did You Know?    
 
 
The advantages of arbitration.
Arbitration brings cases to resolution much more time efficient and less expensive than traditional litigation does. Of greatest advantage to the employee or consumer is the fact that arbitrators are better situated than judges or juries to do equity. In

 

 
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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?    
 
 
The advantages of arbitration.
Arbitration brings cases to resolution much more time efficient and less expensive than traditional litigation does. Of greatest advantage to the employee or consumer is the fact that arbitrators are better situated than judges or juries to do equity. In

 
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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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