Contributed by:
Lyn Bankowski
Years ago, a Mortgage Loan Officer had a basic rate sheet and from there, with a handful of adjustments, a rate quote could be provided quickly. That has all changed. Now rates are based on several criteria and are very specialized and personalized.
What will your rate be? There are always exceptions, but generally your credit score leads the way. Keeping your credit profile in order has never been more important!
No comments:
Post a Comment