Many things can affect Denver Mortgage Rates and what rate you can obtain. Did you know rates change daily and even sometimes during the course of a particular day, just like the stock market?
Your profile and lending needs can also affect your interest rate. Things such as your credit score, how much you have for a down payment, and whether you are buying an investment property or a primary residence are just a few of the criteria that can affect your rate.
You should also be aware that Denver Mortgage Rates can vary depending on how your loan is structured. For example, you can obtain a lower interest rate by paying points (1 point = 1% of your loan amount). So in that case, there is a trade off- lower rate for higher closing costs. The opposite is also true. You can lock in a slightly higher rate and pay no closing costs.
As you are comparing lenders and seeking the best Denver CO Morgage Rate, be sure you are comparing apples to apples and getting it in writing. Bait and switch tactics are still common in the mortgage industry unfortunately.
For an honest and accurate Denver Rate Quote, give us a call in the office at 303-670-0137 or email us at firstname.lastname@example.org!
Check out our online reviews:
We are here to serve our clients and put our clients first....we treat every client with the same care and respect. 10 trees planted with every closing through the Arbor Day Foundation!