Kyle Bradley’s Mortgage Vlog

Overview Choosing the right mortgage loan program can be a daunting task, especially with the plethora of options available. While some might find the conventional loan programs ideal, others might benefit from government-backed options like FHA loans. Here in Tulsa,...

Introduction to Purchase Contracts A Purchase Contract, often known as a Real Estate Purchase Agreement, is a legally binding document that outlines the terms and conditions for the purchase of a property. If you're in the Tulsa, OK area and considering buying a home,...

Introduction One of the most critical questions prospective homeowners face is how much they need for a down payment. It's a question that holds significant weight in Tulsa, OK's competitive real estate market. A down payment affects not just your ability to purchase...

Introduction Transitioning from renting to owning a home is a monumental milestone that offers both financial benefits and emotional rewards. For residents in Tulsa, OK, navigating this complex process can be made simpler with the right information and professional...

Unlocking the Benefits of FHA Loans Federal Housing Administration (FHA) loans offer a lifeline to homebuyers who may find traditional financing options somewhat restrictive. Whether you're a first-time homebuyer in Tulsa, OK, or someone looking to upgrade, FHA loans...

What is a Mortgage Amortization Schedule? A Mortgage Amortization Schedule is a table detailing each periodic payment on an amortizing loan. Each payment is broken down into how much is applied toward principal and how much toward interest. This schedule provides...

Seeking a Competitive Advantage in the Mortgage Landscape? In the bustling real estate market of Tulsa, OK, having a competitive advantage is not just a wish—it's a necessity. The mortgage world is fraught with complexities, from rapidly changing interest rates to...

Using Your Tax Return as a Down Payment: An Opportunity You Shouldn't Miss Receiving a tax return can feel like a financial windfall, and for many people in Tulsa, OK, it's an excellent opportunity to get closer to homeownership. Using your tax return as a down...

Why a 15-Year Mortgage? A 15-year mortgage is a home loan designed to be paid off in 15 years, rather than the typical 30-year term. This can lead to significant interest savings over time but also demands higher monthly payments. Especially in the Tulsa, OK housing...

The Role of a Co-Signer in Mortgages In today's competitive real estate market in Tulsa, OK, many potential homeowners face challenges in obtaining a mortgage due to various factors like low credit scores or unstable income. This is where a co-signer can play a...

Introduction The transition from renting to owning a home is a significant milestone that offers both challenges and opportunities. For many people in Tulsa, OK, this transition can be a daunting task. However, with proper preparation and guidance, you can make the...

The Importance of Understanding Mortgage Lenders Choosing a mortgage lender is one of the most crucial steps in the homebuying process. Whether you're a first-time homebuyer or looking to refinance in Tulsa, OK, understanding the role and services offered by mortgage...

What are FHFA Pricing Matrix Changes? The Federal Housing Finance Agency (FHFA) periodically adjusts its pricing matrix, which impacts the cost of acquiring a mortgage backed by Fannie Mae and Freddie Mac. These changes can affect borrowers in a myriad of ways,...

Introduction to Mortgage Rates and The Inverted Yield Curve Mortgage rates can be influenced by a variety of factors, one of which is the yield curve. An inverted yield curve occurs when short-term interest rates surpass long-term rates, often signaling an impending...

Why It’s Time to Say Goodbye to Renting Are you tired of seeing your hard-earned money go towards someone else's mortgage every month? 2023 could be the year you fire your landlord and invest in your own property. This guide will walk you through the reasons why...

Transitioning from Renting to Homeownership Making the leap from being a renter to a homeowner is a significant financial and emotional decision. In Tulsa, OK, where the real estate market has its own set of challenges and opportunities, knowing the right steps can...

Introduction Securing a mortgage is one of the most significant financial decisions you'll make. While the process can be exhilarating, it's also fraught with pitfalls that can have long-lasting implications. Whether you're in Tulsa, OK, or elsewhere, understanding...

What is Escrow? Escrow is a legal arrangement in which a neutral third party holds funds or assets until specific conditions are met. In the context of real estate transactions in Tulsa, OK, an escrow account is used to protect the interests of both the buyer and the...

The Role of Gift Money in Home Financing One of the most common barriers to homeownership, especially for first-time buyers in Tulsa, OK, is the down payment. However, many potential homeowners are unaware that they can use gift money towards their down payment. If...

Introductory Overview Before diving into the real estate market of Tulsa, OK, it's crucial to prepare adequately for the home-buying journey. This guide aims to walk you through the essential steps you should take before making this significant financial commitment....

Introduction to Closing Documentation Closing on a home is one of the most significant financial steps you'll take in your lifetime, and it involves a plethora of paperwork. In the booming real estate market of Tulsa, OK, understanding the intricacies of closing...

An Ideal Time to Buy a Home The housing market is a constantly evolving entity, influenced by economic factors, interest rates, and consumer sentiment. As of now, various indicators suggest that today's market conditions offer some unique advantages for potential...

The Importance of FHA Minimum Property Standards When it comes to FHA loans, it's not just the borrower who needs to qualify—the property must also meet certain standards. These guidelines, known as FHA Minimum Property Standards (MPS), are established to ensure that...

What is PITI? PITI stands for Principal, Interest, Taxes, and Insurance. These four components make up the total monthly cost of your mortgage. Understanding PITI is crucial for anyone looking to purchase a home, especially in the competitive real estate market of...