Leslie Scott Realty, LLC can assist you with applying for your home loan in Muskogee.

Applying for the loan is one of the most demanding elements of buying a home, but it doesn't have to be. I have a close relationship with several mortgage lenders in the Muskogee area, and they've helped me recognize a few things that can make the process of applying for a loan effortless.

1 – Assemble a list of questions about your loan program

If you find that you don't thoroughly comprehend the ins and outs of all the various programs, be sure you bring a list of questions. I or one of my lender contacts will assist you in understanding the advantages and disadvantages of each one, because it's a challenge to understand the differences between both fixed and adjustable rate mortgages.

2 – Decide when you want to lock

Locking in a rate indicates that the mortgage lender commits to the interest rates for the loan – often at the time the loan application is presented. By floating the rate, you can lock the rate anytime between the day you apply for the loan and issuance of closing documents. Buyers who choose to float presume that interest rates will fall 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 rate

Oftentimes you can elect to pay additional points to lower the interest rate of your loan. Every point is 1 percent of the loan and is payable in cash at closing. To determine if purchasing points is right for you, click here to use our points calculator.

4 – Bring your paperwork

Acquiring a mortgage loan requires lots of paperwork, so you should take some time to get all your documents together. Click here to get a list of common loan documentation.


Leslie Scott Realty, LLC

3505 Porter Ave
Muskogee, OK 74403