Get The Lowest Mortgage Refinance Rates

Get The Lowest Mortgage Refinance RatesTips On How To Get The Lowest Possible Mortgage Rates

For most people, whether they are first time buyers or experienced homebuyers, a good interest rate is a large concern when looking at getting a mortgage. Here are some simple tips to keep in mind that will help you get the lowest possible mortgage refinance rates.

  • Raise your credit score: Having a credit score of 740 or higher can put you in the best position to get a good rate. The lower your credit score, the higher the rate for conventional loans. If you are looking to buy a house and you know you will need a mortgage, try to raise your credit score ahead of time, to ensure better rates.
  • Organize your finances: An easy way to get all your finances in order is to get credit reports from all three bureaus to ensure that there are no mistakes that could impact your mortgage opportunities.
  • Save cash to cover closing costs: Closing costs are on average 2% of the loan amount. Paying cash instead of rolling the costs into the loan can be a good way to lower the interest rates you receive.
  • Shop around: Talking to multiple lenders to see what sort of mortgages and rates are available to you can be a great way to get the lowest rate. Finding a lender you trust to keep your family’s financial situation in mind can also help to keep rates down over a period of time. Making it clear that you are looking at other rates can sometimes make negotiating for a lower rate easier as well.

Let us get you a great refinance rate for your mortgage. For all of your lending needs, contact Avis Lending with locations in Irvine, California and Lahaina, Hawaii.

Menu
class="last-menu-itemve-menu" class="">
  • Apply Online
  • Contact