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Lowest Rate For Mortgages:  Mastering the Art of Negotiation!

Shopping, comparing and negotiating are the tools for success when it comes to obtaining the lowest mortgage rate.  There are many factors which can influence your interest rate including your credit score (FICO), your source of financing, type of mortgage (fixed or adjustable rate), location, lenders fees, income source, as well as employment history, amount of down payment, etc.   If you are property hunting, try getting pre-approved for your loan, as this will protect you against fluctuating rates which may occur right as you are ready to purchase your property.

Make sure you are securing the lowest mortgage rate available! In order to guarantee you are securing the lowest mortgage rate available be sure to contact one of our experienced and knowledgeable loan experts today!

Considerations in Securing the Lowest Mortgage Rate Include:
  • Credit Score
  • Source of Financing
  • Type of Mortgage – Fixed or Adjustable
  • Location
  • Lenders Fees
  • Income Source
  • Employment History
  • Down Payment Amount
Be informed of your legal rights regarding fair lending.  The Equal Credit Opportunity Act and The Fair Housing Act protect consumers from being charged a higher interest rate, refused or offered unfavorable terms based on race, color, religion, national origin, sex, marital status, age, and certain income factors.

There are helpful things consumers can do to strengthen their chances for obtaining the best interest rate available.  An experienced lending professional can help you navigate the current market situation and help you obtain the Lowest Mortgage Rate to suit your budget and lifestyle.

Make sure you are securing the lowest mortgage rate available! In order to guarantee you are securing the lowest mortgage rate available be sure to contact one of our experienced and knowledgeable loan experts today!

 

 

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