Monday, April 18, 2011

Three Tips For Getting The Best Mortgage Rate

  • Your FICO score -  The difference between a 700 score and a score of 698 can be half a percentage point.
  • Debt to Income Ratio -  A bad ratio can take you out of mortgage eligibility all together, and can also effect your rate.
  • Make sure your bank has multiple lenders, at least 5. 
As always, make sure to get the best rate by shopping around.

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