Asked by Sara  |  Submitted August 13, 2015

How do I get the best interest rate?

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  Answers  |  2

August 19, 2015

Have good credit, a strong balance sheet, high income, and have a large amount of equity in the whatever you are lending on.

Basically, make sure the lender knows they have a great chance of getting paid back and you should get a good rate.

$commenter.renderDisplayableName() | 09.16.19 @ 04:59

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June 20, 2019

Work to increase your middle FICO score to 741, buy a single family detached home over a condo, have verifiable income for the past 2 years, keep your loan-to-value ratio under 60%, and keep your loan amount conforming to your county restrictions.

$commenter.renderDisplayableName() | 09.16.19 @ 04:59

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