1st Security Home Mortgage

read moreSome have said that only if your new interest is at least 2 points lower, should you refinance your mortgage. That could have been true a while back, but with refinancing dropping in cost recently, it is a good time to think about a new loan! A refinanced mortgage can be worth its cost many times over, factoring in the benefits that may come, as well as a lower interest rate. When you refinance, you may have the ability to reduce the interest rate and monthly payment, perhaps by a lot. Additionally, you might have the option of tapping into your home equity by "cashing out" some money to remodel your home, consolidate debt, or take your family on a vacation.

read moreWhen you are overwhelmed with so many options, it may seem like there are even more refinance loan programs than borrowers! Call us at (918) 748-4470 and we will work with you to qualify you for the best refinance loan for your financial situation. Are your refinance goals to lower your rate and consequently your mortgage payments? If so, a good option may be a low fixed-rate loan. Maybe you are presently in a mortgage loan with a high, fixed interest rate, or a loan with which the rate of interest varies : an adjustable rate mortgage (ARM).

read moreMany folks who are looking to buy a new home qualify for a loan, but they can't afford a large down payment. Slash your budget and build up savings. Scrutinize your budget to find extra money to save for your down payment. Also, you can look into bank programs in which some of your paycheck is automatically transferred into a savings account every pay period. You could look into some big expenses in your spending history that you can do without, or reduce, at least temporarily. Here are a couple of examples: you might decide to move into less expensive housing, or stay local for your vacation.

read moreBuyers and sellers negotiate to determine who will pay different portions of these closing costs. As indicated below, many of the costs result from getting your loan. Since 1st Security Home Mortgage Corp is highly experienced with mortgages & closings, we often explain the details of closing costs. Soon after you apply for a loan, we'll provide you with a "Loan Estimate" of your closing costs. The closing costs specified in the Loan Estimate are estimated based on our experience with mortgage loans, but costs often vary a little bit between the LE and closing.

read moreVA guaranteed loans are made by lenders and guaranteed by the U.S. Department of Veteran Affairs (VA) to eligible veterans for the purchase of a home. The guaranty means the lender is protected against loss if you fail to repay the loan. In most cases, no down payment is required on a VA guaranteed loan and the borrower usually receives a lower interest rate than is ordinarily available with other loans. Although mortgage insurance is not required, the VA charges a funding fee to issue a guarantee to a lender against borrower default on a mortgage.

read moreBy checking the box, you agree that 1st Security Home Mortgage Corp may call/text you about your inquiry, which may involve use of automated means and prerecorded/artificial voices. Message/data rates may apply.

read moreOur mortgage experts give you the individual attention you deserve and treat you right. We know you're making a commitment in purchasing a home, refinancing, or tapping into your home equity. So we make a commitment to you: we can help you qualify, apply and be approved for the very best mortgage for you. Using our online loan application, you can take your time and complete your application whenever it's convenient for you. And, you can always save your work and come back and complete it later if you need to.