What Impacts Your Interest Rate?

June 25th Interest Rates

Interest rates are ever-changing and there are a lot of factors that impact the rate you are able to secure.

Here are 7 things that impact your rate:

1. Credit score

2. Home location

3. Home price & loan amount

4. Down payment

5. Loan term

6. Interest rate type

7. Loan type.

Don’t stress, call us and we will walk you through everything you need to know.