You bought your home a few years ago, maybe when the market was not at its best and your interest rate was not the best but you decided to take the offer. Years have past your credit score has peaked and you are looking to save some money. Refinancing is not as scary as most people say. Learn how to get the lowest rate, and the most money back in your pocket. You can refinance, and receive additional savings on your monthly budget.
- Typically, a credit score of 740 or higher puts borrowers in the best tier for a conventional loan program.
- Paying down your debts can reduce your debt-to-income ratio, or DTI, which improves your chances of qualifying for a low mortgage rate
- Instead of choosing a lender solely based on current mortgage rates, you need to find a lender you can trust.
Alliance Credit Counseling
8000 Corporate Center Dr Suite 114
Charlotte, NC 28226
(704-341-1010) / (704-341-1010)