How do I get the best mortgage rate?

Your mortgage rate depends on factors within your control and market conditions you can't change. To get the best rate available to you, focus on what you can control: improve your credit score before applying, save a larger down payment (lower loan to value ratios get better rates), reduce your debt to income ratio, and choose a shorter loan term if your budget allows. Shop multiple lenders, including banks, credit unions, and mortgage brokers, and compare both rate and closing costs. Lock your rate when you're satisfied, understanding that timing the market is difficult. Consider whether paying points to buy down the rate makes sense for your situation. The specifics depend on your financial profile and a licensed lender should confirm what programs and rates you qualify for, and Jon can connect you with one.

Specifics depend on your situation and should be confirmed with a licensed lender. Jon can connect you with one: text (623) 826-0888.