Why can some borrowers be eligible for reduced rates than others?

Why can some borrowers be eligible for reduced rates than others?

Not everyone qualifies when it comes to mortgage that is same. You have applied for a loan, you’ll remember that the interest rate the lender gave you was partly determined by your credit score, your debt to income ratio, and the amount of money you were planning to put down on the loan if you think about the times. They are a number of the strongest facets that influence rates (though they’re perhaps perhaps not the sole people). Continue reading “Why can some borrowers be eligible for reduced rates than others?”