Securing financing is just one part of a real estate transaction. Karen Finchum & Debbie Schwab
Your Home Connection Team is seasoned at aiding new and experienced in all areas of real estate. Contact me if your needs include a professional REALTOR® experienced at the business side of buying and selling.

Karen Finchum & Debbie Schwab
Your Home Connection Team can help you apply for a home loan.

When buying a home, the loan application is very troublesome for many people, but it doesn't have to be. Being connected with some mortgage lenders in the Edmond area has helped me realize a few things that make the loan application process uncomplicated.

1 – Compose a list of questions regarding your loan program

Make sure you bring a list of questions if you find that you don't fully comprehend the advantages and disadvantages of all the different loan programs. It is often hard to understand the characteristics of both fixed and adjustable rate mortgages. One of my lenders or I can assist you in understanding the advantages and disadvantages of each program.

2 – Determine when to lock

By locking in the rate, a mortgage lender is holding to the mortgage interest rates for the loan – typically at the time the loan application is submitted. By floating the rate, you can lock the rate at any time between the loan application day and closing. Those who decide to float believe interest rates will dip in the near future. Click here to see the outlook for the next 90 days of interest rates.

3 – Gather your paperwork

Getting a loan requires lots of paperwork, so you should take some time to get your documentation together. Click here to get a feel for typical questions you'll have to answer on a loan app.


I can point you in the right direction to great lenders, who are trustworthy and very competitive in their loan programs and rates.