Tips for Securing a Favorable Low Mortgage Rate
- Maintain Steady Employment: Understanding your employment history’s impact on mortgage eligibility is crucial. Dan Cassel provides expert guidance to navigate job changes or gaps and minimize negative effects on your mortgage application.
- Improve Credit Score: Personalized advice from Dan helps you improve your credit score by paying down debts and making timely payments. He emphasizes the importance of a good credit score and offers strategies to achieve it.
- Increase Down Payment: Evaluating your financial situation is key to determining the optimal down payment amount. Dan advises on increasing down payments to qualify for better rates and reduce overall borrowing costs.
- Lower Debt-to-Income Ratios (DTI): Dan assists in evaluating DTI ratios and provides solutions to lower them if needed. Strategies like debt consolidation or increasing income can help improve…
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