What factors influence YOUR Rate?

​If you’re like most homebuyers, you’re looking to find the lowest interest rate possible on your mortgage.  BUT, do you qualify for those lower posted rates? Here are some of the factors that Lenders look at that influence YOUR interest rate.
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  • Employment & Income

  • Your Down Payment Amount

  • The home & its location
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  • Your Credit/Beacon Score

  • Your Loan to Value Ratio (price of home in comparison to the loan amount)