Lower Interest Rates

The interest rate a lender is willing to offer you depends on your credit score and your debt to income rate. If you have good credit and your income far exceeds your debt obligations, you may qualify for a lower rate.

A larger down payment can also result in a lower interest rate, because you are starting out with more equity in your home. Another option is to pay points to lower your rate over the life of the loan. For many people, this makes fiscal sense and is a good deal. Speak with your Mortgage Loan Professional to determine the best option for your financing goals.