We’re not just a business; we’re a dedicated team of mortgage pros ready to help make your dream of homeownership a reality. We’ve already assisted buyers across Bayou Cane, including in:
Found your dream home? Let us take care of the financing. Bayou Mortgage makes the process simple by offering a range of options like VA Loans, USDA Loans, Conventional Loans, and FHA Loans. We’ll guide you through every step, making sure you understand the process so you’re never left wondering what comes next.
The mortgage rates displayed on this website are for informational purposes only and are subject to change at any time without notice. Rates can vary based on various factors, including but not limited to, your creditworthiness, the loan-to-value ratio, and current market conditions.The displayed rates do not constitute a commitment to lend. To obtain an accurate and up-to-date mortgage rate quote, please contact The Wendy Thompson Lending Team directly. Our team of mortgage experts will provide you with personalized rates and terms based on your specific financial situation and loan requirements.
The mortgage rates displayed on this website are for informational purposes only and are subject to change at any time without notice. Rates can vary based on various factors, including but not limited to, your creditworthiness, the loan-to-value ratio, and current market conditions.The displayed rates do not constitute a commitment to lend. To obtain an accurate and up-to-date mortgage rate quote, please contact Scissortail Financial directly. Our team of mortgage experts will provide you with personalized rates and terms based on your specific financial situation and loan requirements.
#1 Rated Mortgage Broker
Choosing the right mortgage company can significantly impact your home-buying experience. Here are some key factors to consider:
Reputation and Experience: Look for a mortgage company with a solid reputation in your community. Research reviews and testimonials to gauge the experiences of previous clients. A trusted lender will have a track record of helping homebuyers successfully navigate the mortgage process.
Range of Loan Options: The best mortgage companies offer a variety of loan products tailored to different financial situations. Whether you’re looking for a VA Loan, USDA Loan, FHA Loan, or Conventional Loan, ensure that your lender has the options that fit your needs.
Customer Service: Excellent customer service is crucial. You want a team that is responsive, approachable, and ready to answer all your questions. Look for a lender that prioritizes support and guidance throughout the process.
Transparent Pricing: Seek a mortgage company that is upfront about fees and rates. Transparency ensures that you know exactly what to expect when it comes to costs and can help you avoid any surprises down the line.
Local Knowledge: Working with a local mortgage company can be beneficial. They understand the housing market in your area and can provide insights that larger, national lenders may overlook. A lender with local expertise can better navigate your specific needs and preferences.
By considering these factors, you can make an informed decision about your mortgage company. At Scissortail Financial, we are committed to making your homeownership dreams a reality, offering the guidance and support you deserve.
Getting a mortgage pre-approval is a smart first step when looking to buy a home. It provides you with an estimate of how much you can borrow and demonstrates to sellers that you are a serious, qualified buyer. Here’s how to start the process with Scissortail Financial:
The journey begins with a conversation. Reach out to us at Scissortail Financial by calling 918-495-3773. Our team will provide you with personalized advice and outline the steps for getting pre-approved. We’re here to answer your questions and guide you towards the best loan options for your unique situation.
Before moving forward, you’ll need to compile several key documents. These include your most recent pay stubs, tax returns and W-2s or 1099s from the last two years, bank statements, investment records, valid identification, and details about your current debts. This information helps us assess your financial health and determine how much you can borrow.
With your documents in hand, it’s time to fill out the mortgage application. This formal application allows us to review your financial background in detail. At Bayou Mortgage, we’ll walk you through each step of the application, ensuring you understand every aspect and helping you complete it accurately.
Once your application is processed, we’ll provide you with a detailed breakdown of potential fees and what your future mortgage payment could look like. This step is crucial for budgeting and understanding the financial commitment you’re about to make. We strive for transparency, ensuring there are no surprises down the road.
With your pre-approval in hand, you’re ready to start house hunting. Your pre-approval letter will be a powerful tool in negotiations, showing sellers that you’re prepared and financially able to proceed with a purchase.
A Conventional Loan is a mortgage not backed by the government. These loans require higher credit scores and down payments but offer competitive rates.
FHA
Loans
A FHA mortgage is a home loan insurance by the Federal Housing Administration. FHA Loans offer low down payment and flexible credit requirements
VA
Loans
VA Mortgage are backed by the Department of Veterans Affairs and are available to military members and veterans.
USDA
Loans
A Jumbo Loan is a mortgage that exceeds the conforming loan limits set by the Federal Housing Finance Agency, allowing you to finance higher-priced homes that require larger loan amounts.
FAQ's
Closing costs on your mortgage will run between 2% to 5% of the purchase price of your house. Lower purchase prices will be closer to 5% and higher purchase prices will be closer to 2%.