How can I get a lower mortgage rate?

Answered by Onias Derilus, Mortgage Capital · NMLS# 1859012 · Florida licensed mortgage broker

Raise your credit score, put more down, choose a shorter term, buy discount points, or consider an ARM if you'll move before it adjusts. Comparing lenders also matters since pricing varies.

Each lever has a tradeoff in cash or risk. We'll show which combination lowers your rate most cost-effectively for your plans.